Beam Global (NASDAQ: BEEM)

Beam Global is a sustainable technology innovation company headquartered in San Diego, California with offices in the United States, Europe and the United Arab Emirates. The company develops, designs, engineers, manufactures and sells high‑quality, rapidly deployed autonomous infrastructure products for electric vehicle and autonomous vehicle charging, energy security and disaster preparedness, and energy‑dense battery solutions. It also produces structures with integrated intelligence such as streetlighting, cell towers and energy infrastructure for Smart Cities, and designs power electronics including inverters, charge controllers, power supplies and LED lighting. Its product families include the EV ARC™ charging station, BeamSpot™ curbside unit, BeamBike™ and BeamPatrol™ mobility chargers and the BeamWell™ water treatment system, all of which can generate and store their own electricity from solar or wind sources and operate independently of the utility grid when needed.

Beam Global generates revenue primarily through the sale of its autonomous infrastructure products and energy storage solutions to government, commercial and international customers. Revenue is also derived from sponsorship agreements that provide recurring payments for deployed assets, such as the arrangement with Globos Osiguranje that funds free EV charging at Belgrade Airport. The company’s European subsidiaries, Beam Europe and Telcom, contribute sales of streetlighting, power electronics and telecommunications equipment, while its energy storage business serves sectors ranging from drones and medical devices to military and industrial applications. Additionally, Beam Global benefits from government incentives and tax credits that reduce the effective cost of its systems for end users, supporting broader adoption of its technology.

Beam Global occupies a distinct niche in the infrastructure market because it does not compete with traditional electric vehicle charging providers or utilities; instead it enables them by offering rapidly deployable, grid independent solutions that eliminate the need for construction or electrical work. Its competitive advantages include patented solar tracking technology that can increase energy generation by up to 25 percent, proprietary energy storage systems that prevent thermal runaway and extend battery life, the ability to operate during grid outages and provide emergency power, and a scalable design that allows additional electrical capacity without costly grid expansion. The company also benefits from a first‑to‑market advantage with its renewably energized, rapidly deployed charging platforms, a proven record of delivering power in disaster prone areas, and the ability to create new patentable products that combine proprietary technology with widely available components to raise barriers to entry.

Beam Global serves a diverse set of customers that includes federal agencies such as the US Army and the Department of Homeland Security, state and local entities like the State of California and the City of Dallas, international organisations such as Vinci Airports, corporate sponsors like Globos Osijeranje in Serbia, and various utility and commercial clients across North America, Europe, the Middle East and Africa. Specific customers noted in the filing include the British Army in Cyprus, Advanced Energy Mahine, Upscale Developers and seven utility companies that have purchased its products for grid support. The company reports that over 30 percent of its 2024 sales and approximately 75 percent of its 2025 sales came from non‑government sources, reflecting a broadening customer base that also encompasses universities, tribal nations and retail hospitality operators.