Beam Global is a leading renewable energy company specializing in providing innovative and sustainable solutions for electric vehicle (EV) charging, energy storage and outdoor media applications. This company is publicly traded under the symbol BEEM on NASDAQ.
Formerly called Envision Solar, Beam Global was founded in 2006 and is headquartered in San Diego, California. The company's mission is to lead the world to clean mobility. They aim to achieve this by deploying sustainable and scalable infrastructure products that empower businesses, governments, and individuals to adopt clean energy practices without any kind of disruption to their operations.
Beam Global’s flagship product is the EV ARC™ (Electric Vehicle Autonomous Renewable Charger), a transportable, solar-powered EV charging station that fits inside a parking space. This standalone product doesn’t require any type of construction, electrical connections, or utility bills. It is designed to be easily installed in minutes, and powers up vehicles using only sunlight.
Another product is the Solar Tree® which is a shading structure that integrates solar panels. It can accommodate the EV ARC ™ technology as well. Besides, it provides an aesthetically appealing canopy under which customers can appreciate the shade along with EV charging.
Beam Global is considered a pioneer of sustainability. The products they manufacture are Made in America, they do not contribute to any emissions, and are designed to keep working even during power shortages or in the aftermath of natural calamities.
This innovative business model has garnered attention from numerous organizations and governments worldwide. Its partnerships range from Google and Yahoo to government entities like New York City and the state of California.
Apart from the commercial success, the company is dedicated to fighting climate change. Beam's products are intended to help reduce greenhouse gas emissions by promoting the use of clean, renewable energy sources instead of traditional fossil fuels.
Most impressively, Beam Global generates revenue while addressing two of the most pressing issues facing our planet today: the need for ubiquitous and reliable EV charging infrastructure, and the necessity to mitigate climate change by reducing carbon emissions. The company illustrates that it is possible to align the pursuit of profit with the goal of fostering a more sustainable world. Beam Global is not only positioning itself at the forefront of the renewable energy sector but also shaping how businesses approach sustainable initiatives.
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Beam Global has announced a non-binding letter of intent to acquire a European drone technology company, as disclosed in a recent Form 8-K filing. The acquisition is subject to due diligence, definitive agreements, and customary closing conditions, with no guarantee of completion. The identity of the target company and financial terms were not disclosed.
Beam Global and Masdar City have signed a non-binding Memorandum of Understanding (MOU) to explore off-grid EV charging, solar-integrated e-bikes, and other clean-energy mobility systems in Abu Dhabi. This agreement brings Beam Middle East into Masdar City Free Zone’s ecosystem to assess potential uses for Beam's energy and mobility products. The initiative is an exploration phase, with no confirmed rollout date, site, contract value, or consumer pricing announced yet for residents.