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Beam Global (BEEM)

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31.12+1.99 (+6.83%)
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Neutralpattern detected
Previous Close29.13
Open29.69
Bid31.06 x 800
Ask32.00 x 1000
Day's Range29.21 - 31.30
52 Week Range6.31 - 75.90
Volume334,602
Avg. Volume603,033
Market Cap275.912M
Beta (5Y Monthly)1.03
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Beam Global Receives Federal Agency Repeat Order Through the Federal GSA MAS Contract
    GlobeNewswire

    Beam Global Receives Federal Agency Repeat Order Through the Federal GSA MAS Contract

    SAN DIEGO, May 06, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that a federal customer has placed a fifth order for EV ARC™ systems. This repeat order was, for the first time, placed using General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006. “The rigorous application and vetting process to gain the GSA award was worth the effort. This customer has bought EV ARC systems on five separate occasions but this last one, using the GSA contract, was the fastest and easiest Federal procurement we have experienced by a long shot,” said Beam Global CEO Desmond Wheatley. “I believe that having this contract in place will be beneficial as we see increased government investment in EV charging infrastructure. Our made in America products offer clean, secure, rapidly deployed and highly scalable EV charging infrastructure. The timing couldn’t be better.” On Jan. 27, 2021, President Biden issued an executive order that called for “clean and zero-emission federal, state, local, and tribal government fleets.” The federal government operates approximately 645,000 vehicles. President Biden also proposed $174 billion investment in the EV market and an additional 500,000 publicly available EV charging stations on U.S. highways. Beam Global views Federal investment in EV infrastructure as an important potential source of future revenues particularly now that the Company has been awarded a Federal GSA contract. GSA MAS Contracts, frequently referred to as GSA Schedules, are pre-competed, Federal Acquisition Regulation (FAR) compliant contracts that serve to streamline the government procurement process. Federal agencies can purchase EV ARC™ ready-to-deploy solar EV Charging products on the GSA Advantage!® site. Due to the recent rebrand from Envision Solar to Beam Global, products are listed under Envision Solar while the name change is processed. About Beam GlobalBeam Global is a Cleantech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy storage, along with EV charging, outdoor media and disaster preparedness packages. The company develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, the company produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit https://BeamForAll.com/, LinkedIn, YouTube and 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. Media Contact:The Beam TeamBeamTeam@BeamForAll.com+1 858-799-4583

  • Beam Global Schedules Fiscal First Quarter 2021 Financial Results Conference Call for May 13, 2021 at 4:30 p.m. ET
    GlobeNewswire

    Beam Global Schedules Fiscal First Quarter 2021 Financial Results Conference Call for May 13, 2021 at 4:30 p.m. ET

    SAN DIEGO, May 05, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), (the “Company”), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that it will report its Fiscal First Quarter 2021 financial results on Thursday May 13, 2021 after market close. Management will host a conference call 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 13, 2021Time:4:30 p.m. Eastern/1:30 p.m. PacificToll-Free Dial-In Number:1-844-739-3880International Dial-In Number:1-412-317-5716 Pre-register for the call through this link: https://dpregister.com/sreg/10156301/e8591fc69d All callers should pre-register for the call through the link above. Please dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Beam Global call. A webcast archive is available for 3 months following the call at the following URL: https://services.choruscall.com/mediaframe/webcast.html?webcastid=9Dn4cD0i About Beam Global Beam Global is a CleanTech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy storage, along with EV charging, outdoor media and disaster preparedness packages.The Company develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, the Company produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit https://BeamForAll.com/, LinkedIn, YouTube and Twitter. Media Contact:The Beam TeamBeamTeam@BeamForAll.com+1 858-799-4583 Investor Relations:Kathy McDermottIR@BeamForAll.com+1 858-799-4583

  • City of San Diego Deploys Beam Global EV ARC™ Off-Grid EV Charging Systems
    GlobeNewswire

    City of San Diego Deploys Beam Global EV ARC™ Off-Grid EV Charging Systems

    Sustainable EV charging infrastructure to serve new city-owned EVsSAN DIEGO, April 23, 2021 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the City of San Diego has deployed two EV ARC™ solar-powered charging systems to fuel the city’s growing fleet of electric vehicles and provide emergency preparedness assets. To mark this milestone in San Diego’s initiatives to promote sustainable transportation, Mayor Todd Gloria spoke at a press conference featuring 10 new Chevrolet Bolt EV fleet vehicles, one law enforcement Ford Interceptor Hybrid and one fire department Ford Interceptor hybrid and the Beam Global charging systems on April 22, 2021. At the unveiling event, Mayor Gloria was joined by Beam Global CEO Desmond Wheatley; Alyssa Muto, Interim Director of the Sustainability Department for the City of San Diego; and Casey Smith, Director of the Fleet Operations Department for the City of San Diego. Beam Global EV ARC™ systems meet the needs of municipal EV fleets for flexible, scalable and resilient charging infrastructure. Powered by 100% renewable energy, EV ARC™ systems generate and store their own electricity to provide EV charging day or night, or emergency power in the event of a grid interruption or natural disaster. Requiring no connection to the utility grid, Beam Global products eliminate the need for permitting, construction or electrical work of any kind, reducing deployment time from months to minutes and delivering significant long-term savings to city budgets through avoided installation costs and utility bills. “This program allows the City to continue making progress on our Climate Action Plan while saving taxpayer dollars,” Mayor Todd Gloria said. “The EV ARC solar EV charging stations will allow the City to take advantage of San Diego’s most plentiful natural resource and reduce emissions from City operations that harm human health and contribute to the climate crisis. Technology like Beam’s can help the City more effectively adopt electric vehicles and protect our environment for the next generation.” As part of its Climate Action Plan, the City of San Diego aims to convert 90% of its fleet to zero-emissions vehicles by 2035. In addition to supporting the city’s climate goals, EV ARC™ charging systems are rapidly and scalably deployed and ease the growing strain on California’s electric grid related to transportation electrification while providing backup power to San Diego first responders and other vital services. “EVs are an inevitable and very beneficial change for municipal fleets. EV ARC systems enable the EV charging they need rapidly while saving them time and money,” said Beam Global CEO Desmond Wheatley. “With each deployment, Beam Global’s solar-powered EV charging solutions enable the City of San Diego to integrate more clean energy, save on fuel costs and enhance energy security. It’s an unbeatable value proposition.” This deployment comes as Beam Global’s products are being used by municipalities in California and across the U.S. to meet the rapidly growing demand for EV charging infrastructure. In addition to deploying systems to serve city-owned fleets, Beam Global and the City of San Diego have inked a public-private partnership which aims to provide sustainable EV charging to the public throughout greater San Diego, free of charge. About Beam Global Beam Global is a CleanTech leader that produces innovative, sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, risks and costs of grid-tied solutions. Products include the patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy storage, along with EV charging, outdoor media and disaster preparedness packages. The company develops, patents, designs, engineers and manufactures unique and advanced renewably energized products that save customers time and money, help the environment, empower communities and keep people moving. Based in San Diego, the company produces Made in America products. Beam Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI, EVSIW). For more information visit BeamForAll.com, LinkedIn, YouTube and 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. Media Contact: The Bulleit GroupBeamGlobal@BulleitGroup.com415-742-1894