SAN DIEGO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, announced the deployment of its BeamPatrol™ off-grid eMotorcycle charging bundle for the Sweetwater Police Department at Dolphin Mall in Miami, Florida. As the city’s largest outlet shopping mall and a major hub during the peak holiday season, Dolphin Mall is a strategic lo ...

Beam Global-BeamWell-Jordan Deployment 3 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Ambassador to Jordan and senior officials from the Royal JAF to discuss future opportunities for BeamWell™ deployments to support humanitarian needs, rebuilding efforts and broader deployments in the Middle East. Beam Global - BeamWell Jordan Deployment 1 Beam Global CEO Desmond Wheatley was on the ground in Jordan for the deployment and met with the U.S. Amba ...

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]

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]

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]

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].

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].