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Beam Global - BEEMW STOCK NEWS

Welcome to our dedicated news page for Beam Global (Ticker: BEEMW), a resource for investors and traders seeking the latest updates and insights on Beam Global.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Beam Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Beam Global's position in the market.

Rhea-AI Summary
Beam Global, the leading provider of sustainable infrastructure solutions for transportation and energy security, reported record full-year revenues of $67.4 million, a 206% increase year over year. The company achieved positive full-year gross profit, a debt-free status with a $100 million line of credit available, and a current pipeline of $150 million. Beam Global also secured significant government contracts, expanded its global patent portfolio, and enhanced its leadership team. The company's CEO highlighted operational successes, geographic expansions, and product developments, setting the stage for continued growth in 2024.
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Beam Global, a leading provider of sustainable infrastructure solutions, will release its 2023 operating results on April 17, 2024. A conference call will be held to discuss financial results and corporate updates.
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Beam Global to present a corporate update at LD Micro Invitational XIV 2024, with CEO Desmond Wheatley providing insights on sustainable infrastructure solutions for transportation and energy security.
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3%
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Rhea-AI Summary
Beam Global, a leading provider of sustainable infrastructure solutions, announced an in-depth seminar on emerging technologies and financial models for utility scale energy storage. The seminar, led by CEO Desmond Wheatley and Chief Battery Scientist Dr. Said Al-Hallaj, aims to address the growing demand for energy storage facilities in Europe, particularly in the Balkan region. The company sees significant growth opportunities in the European market following recent contract wins and strong interest in its products. The seminar will cover technical updates on lithium-ion batteries, thermal management, design best practices, and emerging financial models.
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Beam Global (BEEM) has been granted a new patent by the United States Patent Office for its wireless charging technology, enabling EVs to charge wirelessly without the need for a charging cable. The patented technology, Self-Contained Renewable Inductive Battery Charger, will be integrated into the EV ARC™ system, providing easy and efficient charging solutions for electric vehicles. CEO Desmond Wheatley highlights the convenience and commercial implications of this technology, emphasizing the ease of deployment and operation for fleet managers and consumers.
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2.18%
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Beam Global secures a $1 million order from the UK Ministry of Defence for sustainable electric vehicle charging systems to be deployed on Cyprus. The order includes ten EV ARC™ charging systems and one ARC Mobility™ trailer to support the electrification of transportation. This marks Beam Global's entry into the European market with a significant milestone in the sustainable infrastructure sector.
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4.76%
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Beam Global has been named a supplier on the UK's Crown Commercial Service (CCS) Spark Dynamic Purchasing System (DPS), highlighting its commitment to sustainable infrastructure solutions for electrification. The company's solar-powered EV ARC™ EV charging infrastructure products offer off-grid capabilities, clean electricity generation, and emergency power options, aligning with the UK government's zero-emission vehicle goals. This strategic move signifies Beam Global's expansion into the European market and potential growth opportunities in a region focused on sustainability and renewable energy.
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Beam Global (BEEM) partners with the City of Richmond in California to provide sustainable electric vehicle charging solutions for underserved communities through the EV ARC™ system. The initiative aims to offer clean and reliable transportation options, benefitting community members while reducing environmental impact and promoting disaster preparedness.
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2.19%
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Beam Global (BEEM) secures a new patent from the European Patent Office for its smart battery management system, enhancing battery safety through Thermal State of Charge Estimation of Phase Change Material (PCM). The company's focus on innovation and safety in battery technology is evident through multiple patents globally, positioning them as a leader in the electrification of transportation and energy security.
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Beam Global, a sustainable infrastructure solutions provider, will present a corporate update at the Baird 2024 Vehicle Technology & Mobility Conference. CEO Desmond Wheatley will discuss the company's progress in electrifying transportation and enhancing energy security.
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-5.14%
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Beam Global

Nasdaq:BEEMW

BEEMW Rankings

BEEMW Stock Data

12.33M
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
San Diego

About BEEMW

envision solar international, inc. is a san diego based sustainable technology innovation company. envision distinguishes itself with unique and advanced renewably energized electric vehicle (ev) charging, media and branding and energy security systems. envision's highly valuable and diverse product portfolio is based upon our patented ev arc™ and solar tree® product lines. all products can be enhanced with envisiontrak™ patented solar tracking, arc technology™ energy storage, suncharge™ electric vehicle charging stations and digital advertising packages.