STOCK TITAN

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 (Nasdaq: BEEM, BEEMW) announced that the City of Los Angeles StreetsLA Division placed their largest order for solar-powered EV ARC™ charging systems, which will be deployed across several locations to fuel the City's growing fleet of electric vehicles. The off-grid systems eliminate the need for costly infrastructure upgrades and can be relocated as charging patterns change.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.93%
Tags
none
-
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) announces over 20% increase in new unit sales year-over-year from county-level entities for solar-powered EV charging infrastructure products. The company is seeing growth in public charging at county parks, hospitals, and civic centers, and considers county governments as a significant growth opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none
-
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) announced a leading European market telecommunications operator placed orders for telecommunications infrastructure products, valued at over US$1 million year to date, with US$750k since Beam Global’s acquisition of Amiga and the formation of Beam Europe. The customer has worked with Beam Global’s European operations, formed as a result of the Beam Global acquisition of Amiga D.O.O in October of this year, for over 20 years. Innovations coming to the telecommunications industry include energy resiliency, micro-grid technology and sustainable solutions. Renewable energy and battery storage is becoming increasingly important to the telecommunications leaders striving to provide the most sustainable and reliable connectivity in their respective regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.35%
Tags
none
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) announces the addition of George Syllantavos to its board of directors. With over 35 years of experience in corporate finance, strategic planning, and governance, Mr. Syllantavos brings deep international experience in transportation, maritime, industrials, and automotive technology. His expertise in public listings, M&A transactions, and IPOs makes him a valuable addition to the board. Beam Global CEO Desmond Wheatley expresses excitement about the company's expansion into the European market and the potential benefits of Mr. Syllantavos' connections and expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.32%
Tags
management
-
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) has received repeat orders from multiple federal agencies for its solar-powered EV ARC™ EV charging infrastructure products, expanding its footprint among existing federal customers. The company's off-grid charging systems generate and store their own electricity, reducing costs and providing energy resiliency during blackouts and emergencies. The federal government's goal of having 25% of EV charging infrastructure be off-grid and powered by 100% renewable energy aligns with Beam Global's offerings. President Biden's Executive Order 14057 prioritizes zero-emission vehicle acquisitions, further driving the demand for clean energy solutions like those offered by Beam Global.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
none
-
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) has appointed Lisa Potok as its chief financial officer. Ms. Potok brings 25+ years of financial and operational experience from companies with revenues in the hundreds of millions and billions of dollars. She has a successful track record in managing public offerings, acquisitions, and strategic initiatives. Beam Global's revenues have grown by almost 300% in the past year, and its expansion into Europe makes Ms. Potok's international experience vital for the company's future. She succeeds Kathy McDermott, who has been with Beam Global since 2019 and will continue to support the company through the end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
management
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) welcomes Judy Krandel as an independent board member and Chair of the Audit Committee. With over 20 years of experience in asset management and financial leadership, Ms. Krandel brings valuable expertise in strategic planning, capital allocation, and M&A. She holds a Bachelor of Science in Finance from the Wharton School and a Master of Business Administration from the University of Chicago Booth School of Business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
Tags
management
-
Rhea-AI Summary
Beam Global (Nasdaq: BEEM, BEEMW) announced orders from the California Department of General Services for EV ARC™ systems, further expanding its footprint in the leading US market. The solar-powered EV ARC™ charging infrastructure products are off-grid, generate and store their own electricity, and are deployed with no electrical work, no construction, and no utility bill, reducing California’s costs through avoided construction, electrical upgrades, operational disruptions, and ongoing utility bills. The company sees California as an excellent proxy for its growth in Europe, where the needs for sustainable EV charging infrastructure are arguably greater.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
none
-
Rhea-AI Summary
Beam Global (BEEM, BEEMW) has been granted a new patent by the European Patent Office for its EV Standard™ product, combining solar, wind, and utility-generated electricity to provide street lighting and curbside EV charging. The product offers a clean and inexpensive EV charging solution, reducing the carbon impact and electricity cost. Beam Europe's recent acquisition positions them as a leading manufacturer of streetlights, enabling rapid global deployment of the new product. The EV Standard™ fills a significant gap in the current EV charging infrastructure market, aligning with the exponential growth trends of global EV sales and the urgent demand for on-street charging.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
Rhea-AI Summary
BEEM: Beam Global Announces Record Q3 2023 Financial Results and European Acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.46%
Tags
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.