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New Jersey Department of the Treasury Purchases Beam Global EV ARC™ Systems Through GSA Contract to Support Resilient Workplace Charging
Globenewswire· 2026-01-08 11:00
Core Insights - Beam Global has secured a contract with the New Jersey Department of the Treasury for multiple EV ARC™ off-grid electric vehicle charging systems, enhancing its presence in the state [1][2][3] Group 1: Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure solutions for electrification of transportation, energy security, and smart city infrastructure [5] - The company operates in the U.S., Europe, and the Middle East, developing and manufacturing advanced clean technology solutions [5] Group 2: Recent Developments - The deployment of EV ARC™ systems marks the third state division in New Jersey to utilize these systems, following the Department of Environmental Protection and the Department of Transportation [2] - These systems provide workplace EV charging and energy security, generating and storing renewable electricity without the need for construction or utility grid connections [2][3] Group 3: Business Impact - The CEO of Beam Global highlighted the efficiency of government agencies using the GSA contract to procure resilient EV charging infrastructure [3] - The off-grid capability of EV ARC™ systems supports continuity of operations during utility outages, reducing infrastructure costs and deployment complexity [3]
City of Fresno Deploys Beam Global EV ARC™ Off-Grid EV Charging Systems to Support Municipal Fleet Electrification
Globenewswire· 2025-12-17 11:00
Core Insights - Beam Global has deployed seven EV ARC™ off-grid electric vehicle charging systems for the City of Fresno, California, aimed at supporting the city's municipal EV fleet [1][2]. Group 1: Product and Deployment - The EV ARC™ systems provide a rapidly deployable EV charging solution without the need for construction, trenching, or utility grid connection, generating and storing their own electricity [2]. - The deployment at the Municipal Service Center (MSC) Yard allows the City of Fresno to charge its fleet vehicles using renewable energy generated on-site, enhancing operational efficiency and reducing utility and fuel costs [3]. Group 2: Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, scalable EV charging solutions, and smart city infrastructure, with operations in the U.S., Europe, and the Middle East [5]. - The company is headquartered in San Diego, CA, and is listed on Nasdaq under the symbol BEEM [5].
Sweetwater, Florida Police Deploy BeamPatrol™ Electric Motorcycle and Off-Grid Charging Product
Globenewswire· 2025-12-11 11:00
Core Insights - Beam Global has deployed its BeamPatrol™ off-grid eMotorcycle charging bundle for the Sweetwater Police Department at Dolphin Mall in Miami, enhancing public safety operations during the peak holiday season [1][4]. Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating at the intersection of clean energy and transportation [6]. - The company develops, patents, designs, engineers, and manufactures advanced clean technology solutions that support transportation electrification, energy security, and smart city infrastructure [6]. Product Details - The BeamPatrol™ system is a self-contained charging solution that generates and stores its own energy, equipped with four chargers tailored for law enforcement needs [3]. - This system allows for rapid charging of the police department's fleet of Ryvid eMotorcycles, enabling efficient patrolling without the need for construction or utility connections [2][3]. Strategic Importance - The deployment at Dolphin Mall reflects Sweetwater's commitment to innovation, sustainability, and public safety, enhancing the community's service capabilities [4]. - BeamPatrol™ ensures that vital vehicles remain operational during blackouts and disasters, which is crucial for first responders [4].
Royal Jordanian Armed Forces Deploy BeamWell™ Desalination, Energy and E-Mobility Product at Royal Medical Services Facility
Globenewswire· 2025-12-04 11:00
Core Insights - Beam Global has deployed the BeamWell™ off-grid solar desalination and energy system in Zarqa, Jordan, in collaboration with the Jordan Armed Forces and the Jordanian Royal Medical Services [9][10] - The system produces 3,000 liters of clean drinking water daily and provides electricity for cooking and refrigeration, as well as e-mobility solutions for delivering essential supplies in areas lacking utilities [10][14] - The CEO of Beam Global, Desmond Wheatley, emphasized the technology's potential to address humanitarian needs not only in Gaza but across the Middle East and Africa, as well as in disaster-stricken areas in developed countries [11][14] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in clean energy and transportation sectors [16] - The company develops and manufactures solutions that include energy storage, energy security, and smart city infrastructure, with a presence in the U.S., Europe, and the Middle East [16] - Beam Global is listed on Nasdaq under the symbol BEEM and is headquartered in San Diego, California [16]
Beam Global Awarded Sourcewell Cooperative Contract
Globenewswire· 2025-11-12 11:00
Core Insights - Beam Global has been awarded a cooperative purchasing contract by Sourcewell, allowing the company to expand its offerings to U.S. Military, state and local government agencies, and higher education institutions across North America [1][2][3] Group 1: Contract Details - The Sourcewell contract falls under the Electric Vehicle Supply Equipment with Related Services category, enabling streamlined procurement for public sector and educational organizations [1][2] - The contract was secured after a rigorous request for proposal (RFP) process, ensuring compliance with local procurement requirements and recognizing exceptional value and service [2] Group 2: Benefits of the Contract - The contract simplifies the purchasing process for state and local governments, allowing them to acquire Beam Global's products without lengthy procurement procedures [3] - Beam Global's CEO highlighted that this contract provides an easy way for potential customers to access secure and sustainable electricity and EV charging solutions [3] Group 3: Company Background - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, and smart city infrastructure, with operations in the U.S., Europe, and the Middle East [5] - The company has a history of successful engagements with government entities through multiple state contracts and its GSA Multiple Award Schedule (MAS) contract [3]
Green Rain Energy Holdings (OTCID:$GREH) Highlights New EV Site in Saratoga NY w/ Channel Partner Driftwood Hospitality
Accessnewswire· 2025-10-09 12:30
Core Insights - Green Rain Energy Holdings is expanding its sustainable energy infrastructure by installing next-generation electric vehicle (EV) charging stations [1] - The installation is located at the Saratoga Springs Hilton, managed by Driftwood Hospitality Management, indicating a partnership to enhance travel convenience [1] - This initiative aims to reduce carbon footprints and provide high-speed charging solutions for urban travelers [1] Company Focus - The company is prioritizing the development of EV charging networks in urban areas [1] - The move aligns with broader trends in sustainable energy and the growing demand for EV infrastructure [1] Industry Context - The expansion of EV charging stations is critical for supporting the increasing adoption of electric vehicles [1] - Sustainable energy initiatives are becoming essential for companies to meet environmental goals and consumer expectations [1]
Beam Global Granted U.S. Patent for Smart Battery Solutions
Globenewswire· 2025-09-18 10:00
Core Insights - Beam Global has been granted a new patent for its Smart Phase Change Composite (PCC™) material, enhancing the thermal management of Lithium-ion batteries [1][2][3] Company Overview - Beam Global is a clean technology innovator focused on sustainable infrastructure products and technologies, operating in clean energy and transportation sectors [4] - The company has facilities in the U.S., Europe, and the Middle East, and is listed on Nasdaq under the symbol BEEM [4] Patent Details - The newly granted Patent No. US 12,422,195 covers the Smart PCC™ material, which functions as a thermal switch to insulate batteries in cold conditions and cool them in hot conditions [2] - This innovation significantly improves battery robustness for extreme environments, such as freezing winters and scorching deserts [2] Product Applications - Beam Global's battery solutions powered by the Smart PCC™ material are utilized in various applications, including drones, robots, medical devices, electric vehicles, and sensitive government applications [3] - The technology enhances battery safety and reliability, accommodating natural expansion and contraction, thus increasing performance and extending battery life [3]
Beam Global Announces Second Quarter 2025 Operating Results
Globenewswire· 2025-08-14 20:30
Core Viewpoint - Beam Global reported a successful second quarter in 2025, achieving revenue growth and the highest GAAP Gross Margin in its history, while expanding its global market presence through the establishment of Beam Middle East [4]. Financial Highlights - Revenues for Q2 2025 were $7.1 million, a 12% increase from Q1 2025 [5]. - 60% of revenues for the first half of 2025 came from commercial customers, with 37% from international operations [5][6]. - GAAP Gross Margin was 20% for Q2 2025, up 4 percentage points from Q2 2024, while adjusted non-GAAP Gross Margin was 30%, a 12 percentage point increase from the previous year [5][7]. - Operating costs decreased by $1.2 million, or 17%, compared to Q2 2024 [8]. - The net loss for Q2 2025 was $4.3 million, an improvement from $4.9 million in Q2 2024 [9]. Recent Operational Highlights - Beam Global established Beam Middle East LLC, a joint venture to sell and manufacture products in the Middle East and Africa [5]. - The company shipped products to 13 U.S. states and multiple European countries, including Serbia, Romania, and Croatia [5]. - Beam Global received a Sustainability Award for Innovation in Infrastructure at the 2025 Romanian Mayors Congress [5]. - The company expanded its energy storage systems business, securing contracts totaling $2.5 million with defense customers [5]. Cash Position - As of June 30, 2025, Beam Global had cash of $3.4 million, an increase from $2.5 million at the end of Q1 2025 [10]. - The company remains debt-free with a $100 million line of credit available and unused [5]. Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure and electric vehicle charging solutions, with operations in the U.S., Europe, and the Middle East [15]. - The company develops and manufactures advanced clean technology solutions aimed at enhancing energy security and supporting smart city initiatives [15].
Beam Global to Release Q1 2025 Operating Results, Conference Call Scheduled for May 15, 2025 at 4:30 p.m. ET
Globenewswire· 2025-05-14 14:48
Core Viewpoint - Beam Global, a provider of sustainable infrastructure solutions for electrification and energy security, will report its Q1 2025 operating results on May 15, 2025, after market close, followed by a conference call to discuss the results and corporate developments [1]. Group 1: Conference Call Details - The conference call is scheduled for May 15, 2025, at 4:30 p.m. Eastern / 1:30 p.m. Pacific [2]. - Callers are required to pre-register for the call through a provided link and should dial in approximately 10 minutes before the scheduled start time [2]. Group 2: Company Overview - Beam Global is a clean technology innovator focused on sustainable energy infrastructure, EV charging solutions, energy storage, and energy security [4]. - The company operates in the U.S. and Europe, developing and manufacturing advanced clean technology solutions [4]. - Beam Global is headquartered in San Diego, CA, with additional facilities in Broadview, IL, and Serbia [4].