Beam Global receives a patent for a technology optimizing solar capture in hybrid solar-wind systems, enhancing renewable energy efficiency.
Quiver AI Summary
Beam Global, a provider of sustainable infrastructure solutions, has received a new patent from the China National Intellectual Property Administration for its innovative tracking technology designed for hybrid solar-wind systems. The patented technology ensures that wind turbines do not shade solar panels, thus optimizing solar energy capture and enhancing the overall efficiency of Beam Global's BeamSpot™ product line. CEO Desmond Wheatley emphasized that this unique design provides a competitive edge by maximizing electricity generation from a given area, which is crucial for both electric vehicle (EV) charging and energy security solutions. The patent strengthens the company's intellectual property portfolio and supports its expansion into solar and wind generation. Beam Global operates internationally, focusing on clean energy technologies and infrastructure.
Potential Positives
- Beam Global has received a new patent from the China National Intellectual Property Administration, enhancing its intellectual property portfolio and protecting its unique technology in the renewable energy sector.
- The patented technology improves the efficiency and reliability of BeamSpot™, a product that integrates solar and wind energy, which could potentially increase overall energy production and offer a competitive advantage in the market.
- This innovation addresses a significant limitation of existing hybrid energy systems by eliminating interference from wind turbines, thereby maximizing solar energy capture.
- The announcement aligns with Beam Global's strategy to expand its product offerings and geographic reach, supporting its commitment to sustainable energy solutions for transportation and energy security.
Potential Negatives
- Patent announcements may indicate an ongoing competitive threat, as the market is continuously evolving and other companies could rapidly innovate or improve upon similar technologies.
- The emphasis on forward-looking statements and uncertainties may highlight potential risks in achieving predicted outcomes, which could concern investors regarding the company's future performance.
- The reliance on the success of a newly patented technology for competitive advantage may suggest vulnerability if the innovation fails to deliver on expected benefits or if competition arises with similar or better solutions.
FAQ
What is Beam Global's new patent about?
Beam Global's new patent is for a Light Tracking Assembly that optimizes solar energy capture in hybrid solar-wind systems.
How does this patent benefit solar and wind energy systems?
This patent prevents wind turbines from shading solar panels, maximizing solar exposure and increasing efficiency in energy generation.
What unique feature does Beam Global's technology offer?
Beam Global’s technology positions wind turbines down-sun from solar arrays, ensuring optimal performance without shading.
How does this innovation impact BeamSpot™ products?
The patented design enhances the efficiency of BeamSpot™, which integrates solar, wind, and utility-generated electricity for improved energy security.
Where is Beam Global headquartered?
Beam Global is headquartered in San Diego, California, with additional facilities in Illinois, Serbia, and Abu Dhabi.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BEEM Insider Trading Activity
$BEEM insiders have traded $BEEM stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $BEEM stock by insiders over the last 6 months:
- GEORGE SYLLANTAVOS has made 0 purchases and 3 sales selling 20,700 shares for an estimated $50,024.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BEEM Hedge Fund Activity
We have seen 12 institutional investors add shares of $BEEM stock to their portfolio, and 17 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 85,546 shares (+986.3%) to their portfolio in Q2 2025, for an estimated $124,897
- BARD ASSOCIATES INC removed 41,455 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $60,524
- BLACKROCK, INC. removed 35,458 shares (-19.1%) from their portfolio in Q2 2025, for an estimated $51,768
- CITADEL ADVISORS LLC removed 24,823 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $36,241
- INTEGRITY WEALTH ADVISORS, INC. added 23,789 shares (+3.4%) to their portfolio in Q2 2025, for an estimated $34,731
- RENAISSANCE TECHNOLOGIES LLC added 17,600 shares (+inf%) to their portfolio in Q2 2025, for an estimated $25,696
- NORTHERN TRUST CORP removed 12,756 shares (-27.7%) from their portfolio in Q2 2025, for an estimated $18,623
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BEEM Analyst Ratings
Wall Street analysts have issued reports on $BEEM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 05/20/2025
- Maxim Group issued a "Buy" rating on 05/19/2025
To track analyst ratings and price targets for $BEEM, check out Quiver Quantitative's $BEEM forecast page.
$BEEM Price Targets
Multiple analysts have issued price targets for $BEEM recently. We have seen 2 analysts offer price targets for $BEEM in the last 6 months, with a median target of $4.0.
Here are some recent targets:
- Christopher Souther from B. Riley Securities set a target price of $4.0 on 05/20/2025
- Tate Sullivan from Maxim Group set a target price of $4.0 on 05/19/2025
Full Release
SAN DIEGO, Oct. 29, 2025 (GLOBE NEWSWIRE) --
Beam Global
, (Nasdaq:
BEEM
), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted a new patent by the China National Intellectual Property Administration. The patent, titled
Light Tracking Assembly for Solar and Wind Power Energy
, covers Beam Global’s proprietary tracking technology that enables optimal solar energy capture in hybrid solar-wind systems without interference from the wind turbine.
The China National Intellectual Property Administration granted Patent No. ZL202080074034.9 (Publication No. CN114902807B) for Beam Global’s innovation. Unlike conventional hybrid systems where wind turbines can cast shadows on solar panels and reduce daily solar yield, Beam Global’s patented design ensures that the wind turbine is always positioned down-sun from the solar array. This eliminates shading, maximizes solar exposure throughout the day, and increases the overall efficiency and reliability of the company’s
BeamSpot™
product line and any future products which combine solar and wind generation.
“As we expand our product portfolio and geographic reach, the need to combine both solar and wind generation on our products is increasing,” said Desmond Wheatley, CEO of Beam Global. “Beam Global has always innovated to maximize the energy density of our products, and we hold many patents that protect our differentiated position within the market. While there are many products which combine wind and solar generation, none have our unique method of ensuring that the wind generator does not shade the solar array and reduce its performance. This newly patented innovation gives our products another competitive advantage, as all else being equal, we will generate more electricity from a given footprint. That translates to more EV miles or more available energy for our life-saving energy security and disaster preparedness products.”
By ensuring the wind turbine is always oriented down-sun from the solar array, the patented tracking system expands the generation potential of
BeamSpot™
, a product that combines solar, wind and utility-generated electricity into Beam Global’s proprietary integrated batteries, providing resiliency, lighting, and curbside EV charging. The patent improves renewable generation efficiency, addresses a major limitation of existing hybrid solutions, and further strengthens Beam Global’s global intellectual property portfolio.
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, energy security and smart city Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, enable Smart City services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL, Belgrade and Kraljevo, Serbia and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit,
BeamForAll.com
,
LinkedIn
,
YouTube
,
Instagram
and
X
.
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. 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.
Investor Relations
Luke Higgins
+1 858-261-7646
[email protected]
Media Contact
Lisa Potok
+1 858-327-9123
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/754d2a15-2bd4-49b4-846e-2153ff88cbe3