Welcome to our dedicated page for Beam Global news (Ticker: BEEM), a resource for investors and traders seeking the latest updates and insights on Beam Global stock.
Beam Global develops and manufactures sustainable infrastructure products for transportation electrification, energy security and smart city applications. News about BEEM commonly covers deployments of EV ARC™ off-grid, solar-powered EV charging systems, ARC Mobility™ trailers, smart city infrastructure orders, power electronics, and patented renewable generation and storage technologies.
Company updates also include customer and reseller activity across the United States, Europe and the Middle East, intellectual-property developments such as integrated wind and solar power generation patents, annual operating results, backlog and revenue mix commentary, and the expansion of products designed for rapid deployment without construction or utility-grid connection.
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), a provider of sustainable infrastructure solutions for transportation electrification and energy security, has scheduled its Q1 2025 earnings release and conference call for May 15, 2025. The financial results will be released after market close, followed by a conference call at 4:30 p.m. ET. Management will present the results and corporate developments, with a Q&A session afterward. Participants can join via toll-free number (1-844-739-3880) or international dial-in (1-412-317-5716), and are encouraged to pre-register through the provided link. A webcast archive will be available on the company's website.
Beam Global (NASDAQ: BEEM) reported a 23% quarter-over-quarter increase in orders for its EV ARC™ off-grid solar-powered charging units in Q1 2025. The growth matches the rate of U.S. electric vehicle sales, despite reduced federal demand. Orders came from diverse sectors including municipal and county governments, state agencies, environmental organizations, and private companies across multiple states such as California, Arizona, Colorado, Florida, Michigan, and Washington.
The company's strategic shift toward commercial customers has proven successful, while maintaining some federal business. This growth comes amid strong global EV sales, which increased 29% globally and 16% in North America in 2025. Beam Global continues to expand internationally, particularly in Europe, the Middle East, and Africa, while maintaining strong U.S. performance.