Beam (US:BEEM) Globenewswire·2026-02-12 13:12Core Insights - Beam Global reported over USD $1 million in smart cities infrastructure sales within a single week in the Balkans, indicating a strong start to 2026 [1][2] - The company is focusing on diversifying its product offerings and expanding internationally, particularly in the smart cities infrastructure sector [2][3] Sales Performance - The recent sales include public lighting systems, telecommunication towers, and transportation-supporting solutions across Romania, Croatia, Bosnia and Herzegovina, and Serbia [1][3] - Beam Global's infrastructure solutions also support railway operations in Croatia and advanced traffic portals in Romania [3] Market Outlook - The European smart cities sector is projected to reach USD $408.4 billion by 2030, highlighting significant growth potential for Beam Global [3] Company Strategy - The CEO emphasized that the strong sales performance validates the company's decision to expand geographically and invest in innovative products for established infrastructure markets [3] - Beam Global aims to build its presence in the European smart cities sector as part of its broader diversification strategy [3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in the U.S., Europe, and the Middle East [4] - The company develops and manufactures solutions that power transportation, provide secure electricity sources, and enable smart city services [4]