Beam Global Granted U.S. Patent For High-Volume Battery Assembly And Safety Technology

Rhea-AI Summary

Beam Global (Nasdaq: BEEM) has secured a new U.S. Patent (No. US 12,191,469 B2) for its Phase Change Composite (PCC™) spacer product designed for Li-ion battery thermal management. The technology introduces an innovative manufacturing process that prevents thermal runaway propagation in Li-ion battery packs.

The PCC™ spacer technology offers key advantages including automated high-volume battery assembly capabilities and provides a passive thermal management solution for Li-ion batteries operating in extreme conditions. The technology is particularly suitable for applications in drones, robots, submersibles, and mobility solutions, offering thermal management, battery safety, and energy density benefits.

This patent strengthens Beam Global's competitive position by creating barriers to entry while delivering value to customers in an expanding battery applications market. The technology is designed to integrate directly into automated assembly lines for high-volume battery manufacturing.

Positive

• Secured new U.S. patent for battery thermal management technology
• Technology enables automated high-volume battery assembly
• Creates competitive barriers to entry in the battery technology market
• Solution applicable across multiple growing markets (drones, robots, submersibles)

Negative

• None.

Insights

Technology Innovation Analyst

Beam Global's newly granted patent for battery thermal management technology represents a strategic advancement in the $59.2 billion lithium-ion battery market. The Phase Change Composite (PCC™) spacer technology addresses two critical industry pain points: thermal runaway prevention and manufacturing scalability.

The innovation's significance lies in its dual benefits:

• Enhanced Safety: The technology prevents thermal runaway - a dangerous chain reaction where batteries overheat and potentially catch fire - a important concern for electric vehicle manufacturers and battery-powered device makers
• Manufacturing Efficiency: The automated, high-volume assembly capability could significantly reduce production costs and increase output capacity

The market implications are substantial. The drone industry alone, projected to reach $58.4 billion by 2026, demands batteries that can operate safely in extreme conditions. Beam Global's technology could capture market share across multiple sectors, including robotics, submersibles and electric mobility, where battery safety and performance are paramount.

However, investors should note that while the patent strengthens Beam Global's intellectual property portfolio and competitive position, the company (market cap: $42.9 million) faces significant competition from larger players in the battery technology space. The technology's commercial success will depend on successful partnerships and market adoption rates.

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted another new patent by the United States Patent Office. The patent covers Beam Global’s Phase Change Composite (PCC™) spacer product for Li-ion battery thermal management and is titled Phase Change Composite Apparatus for Battery Packs and Methods of Making.

The U.S. Patent Office granted Patent No. US 12,191,469 B2 for Beam Global’s PCC™ spacer product, which introduces an innovative manufacturing process that prevents thermal runaway propagation in Li-ion battery packs. The PCC™ spacer technology is designed to facilitate automated, high-volume battery assembly and provides a robust, flexible, and cost-effective passive thermal management solution for operating Li-ion batteries in extreme operating conditions.

“This latest patent continues our path of creating new battery technology solutions that increase barrier to entry for our competitors whilst creating value for our customers at a time when batteries are becoming more relevant for an increasingly broad range of applications,” said Desmond Wheatley, CEO of Beam Global. “Our solutions solve for thermal management, battery safety, and energy density requirements which we believe will be increasingly important in drones, robots, submersibles, mobility solutions and a whole host of emerging requirements. This latest patent covers ingenious methods to mass produce components for bespoke applications.”

The PCC™ spacer technology can be directly integrated into automated assembly lines for high-volume battery manufacturing. Its flexibility and efficiency make it ideal for drones and other applications requiring reliable thermal management and safety.

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 and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Chicago, IL and Belgrade and Kraljevo, Serbia. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).

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.

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FAQ

What is Beam Global's (BEEM) new patent for battery technology?

Beam Global has been granted U.S. Patent No. US 12,191,469 B2 for its Phase Change Composite (PCC™) spacer product, which provides thermal management for Li-ion batteries and prevents thermal runaway propagation.

What are the main applications for BEEM's PCC™ spacer technology?

The PCC™ spacer technology is designed for use in drones, robots, submersibles, mobility solutions, and other applications requiring reliable thermal management and battery safety.

How does BEEM's new battery patent benefit manufacturing?

The technology enables direct integration into automated assembly lines for high-volume battery manufacturing, offering a flexible and cost-effective solution for battery production.

What competitive advantage does the new patent provide for BEEM?

The patent increases barriers to entry for competitors while creating value for customers in the expanding battery applications market.

What specific problems does BEEM's PCC™ spacer technology solve?

The technology addresses thermal management, battery safety, and energy density requirements for Li-ion batteries operating in extreme conditions.