Core Insights - Beam Global has been selected by Ray Systems Ltd to design and deliver custom battery systems for next-generation underwater drones, highlighting Beam's expertise in energy-dense and safety-certified battery solutions [1][3] - The agreement was signed during Beam Global CEO Desmond Wheatley's trip to Europe and the Middle East, indicating a rising global demand for advanced underwater drone technologies [2][13] - The underwater drone market is projected to grow significantly, from USD 6.6 billion in 2025 to USD 17.3 billion by 2034, driven by demand across various industries [4] Company Overview - Beam Global specializes in sustainable infrastructure solutions for electrification, energy security, and smart city infrastructure, with operations in the U.S., Europe, and the Middle East [7] - Ray Systems Ltd focuses on developing autonomous underwater vehicles for military, industrial, and environmental applications, emphasizing low-signature systems for challenging marine environments [6] Product Differentiation - Beam Global's proprietary intelligent Battery Management System allows for real-time monitoring of battery health and charge, enhancing operational availability and mission durations for underwater drones [3] - The collaboration aims to optimize drone design by providing batteries that meet high standards without the constraints of off-the-shelf solutions [3]