• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Beam Global Announces Continuing Orders for EV ARC Solar-Powered EV Charging Systems from Multiple California State Agencies

    11/29/23 6:00:00 AM ET
    $BEEM
    Semiconductors
    Technology
    Get the next $BEEM alert in real time by email

    SAN DIEGO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced orders from the California Department of General Services (DGS) for several of the top State Agencies, adding to Beam's footprint in its leading market in the United States. The EV ARC™ systems were purchased using the California Department of General Services (DGS) contract #1-22-61-16 which simplifies the state procurement process and ensures the best negotiated pricing.

    The solar-powered EV ARC™ EV charging infrastructure products are off-grid, generate and store their own electricity, and are deployed with no electrical work, no construction, and no utility bill, reducing California's costs through avoided construction, electrical upgrades, operational disruptions, and ongoing utility bills. EV ARC™ systems provide EV charging where it is too expensive, time consuming, disruptive or impossible to connect to the utility grid. They also continue to charge EVs during blackouts and include an optional Emergency Power Panel that can provide vital electricity to first responders during disasters, emergencies and power outages.

    The ten State Agencies, some of whom are returning customers and many of whom are receiving numerous sustainable EV ARC™ charging systems powered 100% by renewable energy, are:

    • California Conservation Corps (CCC)
    • California Department of Corrections & Rehabilitation (CDCR)
    • California Department of Fish and Wildlife (CDFW)
    • California Department of Forestry and Fire Protection (CAL FIRE)
    • California Department of General Services (DGS)
    • California Department of Parks and Recreation (California State Parks)
    • California Department of Pesticide Regulation (CDPR)
    • California Governor's Office of Emergency Services (OES)
    • California Highway Patrol (CHP)
    • California Water Resources Control Board (WRCB)

    "California leads the nation in the adoption of electric vehicles and the requirement for EV charging infrastructure. The continued expansion of EV ARC deployments demonstrates the increasing need for rapidly deployed, highly scalable and reliable solutions," said Desmond Wheatley, CEO of Beam Global. "They say that ‘as goes California, so goes the rest of the country' and we are certainly seeing that as our business grows across the U.S. with both government and commercial customers. Every year, more states are setting increasingly meaningful goals, with a growing sense of urgency for sustainable EV charging infrastructure. Beam Global's products are in hundreds of locations in 38 states already and we expect this momentum to continue to accelerate. And now that we are in Europe we look forward to matching this growth on the other side of the Atlantic where the needs are arguably greater. We view California as an excellent proxy for what we believe will happen with our business in the biggest automobile market in the world – Europe."

    California became the first state to join Europe in committing to effectively banning sales of new, internal combustion engine (ICE) vehicles by 2035 via the Advanced Clean Cars II rule. The mandate for cars and light trucks was set out by the California Air Resources Board (CARB) in August 2022, and it could mean 12 million more EVs on California's roads. Under Section 177 of the federal Clean Air Act, states must either adhere to federal emissions standards or adopt California's more stringent guidelines. As of September 2023, eight more states have announced they will enforce California's Advanced Clean Car II rule and prohibit the sale of new gasoline-powered vehicles: Connecticut, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Washington, with additional states in process.

    About Beam Global

    Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Headquartered in San Diego with facilities in Chicago, Belgrade and Kraljevo, Beam Global has a deep patent portfolio and is listed on Nasdaq under the symbols BEEM and BEEMW. For more information visit BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).

    Forward-Looking Statements

    This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations, including, but not limited to the following statements: statements regarding the acquisition of Amiga, its expected benefits, and the anticipated future financial performance as a result of the acquisition. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global's actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.

    Media Contact:

    Skyya PR

    +1 651-335-0585

    [email protected]

    Investor Relations:

    Core IR

    +1 516-222-2560

    [email protected]

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1822e1d7-bf6e-4f5e-bceb-46a92aef65a8

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4a389066-cf8e-44e7-ba69-01d1e6e99000



    Primary Logo

    Get the next $BEEM alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $BEEM

    DatePrice TargetRatingAnalyst
    3/30/2023Hold
    Needham
    2/13/2023$25.00Outperform
    Northland Capital
    11/14/2022$30.00Neutral → Buy
    H.C. Wainwright
    6/17/2022$23.00Buy
    B. Riley Securities
    More analyst ratings

    $BEEM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Beam Global and Platinum Group UAE Sign Joint Venture Agreement Creating Beam Middle East LLC

      SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has entered into a joint venture agreement with the Platinum Group LLC, based in the United Arab Emirates (UAE). Chaired by His Royal Highness, Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, the Platinum Group UAE is recognized for its well-established and trusted relationships across government and industry. Beam Global and the Platinum Group will form a new entity, Beam Middle East LLC, which will sell and manufacture Beam Global's patented sustainable infr

      6/26/25 6:00:00 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global Announces First Quarter 2025 Operating Results

      SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net cash used in Operations for Q1 2025 $1.8 million vs. Q1 2024 $3.0 millionBacklog of $6.3 millionDebt free and $100 million line of credit available and unused Q1 2025 and Recent Operati

      5/15/25 4:33:39 PM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global to Release Q1 2025 Operating Results, Conference Call Scheduled for May 15, 2025 at 4:30 p.m. ET

      SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) --  Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2025 operating results on Thursday, May 15, 2025 after the market closes. Management will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. Conference call details: Date: May 15, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free Dial-In Numb

      5/14/25 10:48:48 AM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    SEC Filings

    See more
    • Beam Global filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

      8-K - Beam Global (0001398805) (Filer)

      7/2/25 4:02:26 PM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Beam Global (0001398805) (Filer)

      6/26/25 8:00:29 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global filed SEC Form 8-K: Leadership Update

      8-K - Beam Global (0001398805) (Filer)

      6/9/25 4:02:55 PM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Needham resumed coverage on Beam Global

      Needham resumed coverage of Beam Global with a rating of Hold

      3/30/23 9:49:45 AM ET
      $BEEM
      Semiconductors
      Technology
    • Northland Capital initiated coverage on Beam Global with a new price target

      Northland Capital initiated coverage of Beam Global with a rating of Outperform and set a new price target of $25.00

      2/13/23 8:58:08 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global upgraded by H.C. Wainwright with a new price target

      H.C. Wainwright upgraded Beam Global from Neutral to Buy and set a new price target of $30.00

      11/14/22 7:25:50 AM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Wheatley Desmond C was granted 870,000 shares and covered exercise/tax liability with 533,745 shares, increasing direct ownership by 169% to 535,280 units (SEC Form 4)

      4 - Beam Global (0001398805) (Issuer)

      6/9/25 3:29:03 PM ET
      $BEEM
      Semiconductors
      Technology
    • Chief Executive Officer Wheatley Desmond C covered exercise/tax liability with 114,744 shares and was granted 187,031 shares, increasing direct ownership by 57% to 199,025 units (SEC Form 4)

      4 - Beam Global (0001398805) (Issuer)

      3/14/25 8:25:14 PM ET
      $BEEM
      Semiconductors
      Technology
    • Chief Executive Officer Wheatley Desmond C was granted 35,625 shares and covered exercise/tax liability with 21,856 shares, increasing direct ownership by 12% to 126,737 units (SEC Form 4)

      4 - Beam Global (0001398805) (Issuer)

      3/14/25 7:10:12 PM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    Leadership Updates

    Live Leadership Updates

    See more
    • Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams

      SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, is pleased to announce the appointment of Andy Lovsted as Vice President of Sales. In this role Mr. Lovsted will spearhead Beam Global's sales strategy to expand the company's footprint in electric vehicle (EV) infrastructure and energy security markets. Mr. Lovsted is a proven leader in managing sales for large enterprises and in emerging markets with over 20 years of executive leadership experience in the technology sector. He is recognized for his ability to transform sales organ

      10/24/24 6:00:00 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global To Enter Ethiopian Market: Appoints Agent Partner for Africa's First Off-Grid Renewably Energized EV Charging and Energy Resiliency Infrastructure

      SAN DIEGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced Beam Global and the company's products will be introduced in Ethiopia as a first move to support the African continent and serve the esteemed Ethiopian government in its progressive efforts to electrify transportation and build a more sustainable and adaptable energy infrastructure. The Government of Ethiopia (GOE) recently became the first country to ban and prohibit import of both new and used internal combustion engine vehicles, including gas and diesel, as part o

      10/10/24 6:00:00 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global Appoints Former Nuclear Navy Officer as COO

      SAN DIEGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that former Nuclear Navy Officer Mark Myers has joined the Beam Global executive team as chief operating officer (COO). Mr. Myers is a proven manufacturing and operations executive with over 20 years of experience leading lean transformations in design, manufacturing and logistics. He has a track record in scaling high-growth organizations with strong gains in efficiency while expanding and adding manufacturing facilities and entering new geographies. Previous sen

      1/30/24 6:00:00 AM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    Financials

    Live finance-specific insights

    See more
    • Beam Global Announces First Quarter 2025 Operating Results

      SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net cash used in Operations for Q1 2025 $1.8 million vs. Q1 2024 $3.0 millionBacklog of $6.3 millionDebt free and $100 million line of credit available and unused Q1 2025 and Recent Operati

      5/15/25 4:33:39 PM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global to Release Q1 2025 Operating Results, Conference Call Scheduled for May 15, 2025 at 4:30 p.m. ET

      SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) --  Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2025 operating results on Thursday, May 15, 2025 after the market closes. Management will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. Conference call details: Date: May 15, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free Dial-In Numb

      5/14/25 10:48:48 AM ET
      $BEEM
      Semiconductors
      Technology
    • Beam Global Reports Full Year 2024 Operating Results

      SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, smart cities, and energy security, today announced its operating results for the year ended December 31, 2024. 2024 and Recent Company Highlights: Financial: Revenues of $49.3 million, more than double any previous year's revenue in the Company's history excluding 2023Five-year Revenue CAGR 68%Revenues from non-government commercial entities increased by 229% from 2023 to 2024Positive full year gross margins of 15% - an improvement of 13 percentage points over 2023Adjusted non-GAAP

      4/11/25 4:05:38 PM ET
      $BEEM
      Semiconductors
      Technology

    $BEEM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Beam Global

      SC 13G/A - Beam Global (0001398805) (Subject)

      12/6/24 4:12:03 PM ET
      $BEEM
      Semiconductors
      Technology
    • Amendment: SEC Form SC 13D/A filed by Beam Global

      SC 13D/A - Beam Global (0001398805) (Subject)

      10/28/24 4:30:26 PM ET
      $BEEM
      Semiconductors
      Technology
    • Amendment: SEC Form SC 13D/A filed by Beam Global

      SC 13D/A - Beam Global (0001398805) (Subject)

      7/24/24 7:01:58 PM ET
      $BEEM
      Semiconductors
      Technology