Beam Global deployed seven off-grid EV ARC™ charging systems for Fresno's municipal fleet, enhancing energy efficiency and sustainability.
Quiver AI Summary
Beam Global announced the deployment of seven EV ARC™ off-grid electric vehicle charging systems for the City of Fresno, California, which will be utilized to charge the municipal EV fleet at the Municipal Service Center. These innovative systems allow for quick and sustainable EV charging without the need for construction or grid connection, generating and storing their own electricity. Fresno aims to improve operational efficiency while saving on utility costs and reducing emissions by using renewable energy generated on-site. Desmond Wheatley, CEO of Beam Global, emphasized the ease of procurement through their General Services Administration (GSA) contract, highlighting the rapid, safe deployment of these charging solutions throughout California’s Central Valley.
Potential Positives
- Beam Global successfully deployed seven EV ARC™ off-grid electric vehicle charging systems for the City of Fresno, showcasing its innovative sustainable infrastructure solutions.
- The EV ARC™ systems enable Fresno to charge its municipal EV fleet using reliable, renewable energy, contributing to operational efficiency and cost savings on utility and fuel costs.
- The deployment was facilitated through Beam Global's General Services Administration (GSA) contract, highlighting the ease and speed of their procurement process for municipalities.
- This installation reinforces Beam Global's commitment to providing clean energy solutions and expands their footprint in California's Central Valley, enhancing their reputation in the market.
Potential Negatives
- Deployment of EV ARC™ systems may indicate a lack of larger contracts or partnerships, as the press release primarily highlights a single municipal deal.
- The reliance on forward-looking statements raises concerns about the potential risks and uncertainties facing the company's future performance and growth.
- The need to highlight cost savings and benefits could imply that there are competitive pressures affecting pricing strategies in the EV charging infrastructure market.
FAQ
What are EV ARC™ systems?
EV ARC™ systems are off-grid electric vehicle charging solutions that generate and store their own electricity for reliable charging.
Where were the EV ARC™ systems deployed?
The EV ARC™ systems were deployed at the City of Fresno's Municipal Service Center (MSC) Yard in California.
How do EV ARC™ systems benefit Fresno?
The systems provide reliable, renewable energy for fleet vehicles, saving money on utility and fuel costs while increasing operational efficiency.
What is Beam Global's focus?
Beam Global focuses on sustainable energy infrastructure, EV charging solutions, safe energy storage, and smart city infrastructure technologies.
How can I learn more about Beam Global?
For more information, visit www.BeamForAll.com or contact [email protected] for inquiries.
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 Revenue
$BEEM had revenues of $5.8M in Q3 2025. This is a decrease of -49.59% from the same period in the prior year.
You can track BEEM financials on Quiver Quantitative's BEEM stock page.
$BEEM Hedge Fund Activity
We have seen 17 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:
- INTEGRITY WEALTH ADVISORS, INC. added 565,398 shares (+78.8%) to their portfolio in Q3 2025, for an estimated $1,628,346
- UBS GROUP AG removed 93,892 shares (-99.7%) from their portfolio in Q3 2025, for an estimated $270,408
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 74,212 shares (+311.6%) to their portfolio in Q3 2025, for an estimated $213,730
- JANE STREET GROUP, LLC added 57,566 shares (+inf%) to their portfolio in Q3 2025, for an estimated $165,790
- VANGUARD GROUP INC added 53,640 shares (+8.8%) to their portfolio in Q3 2025, for an estimated $154,483
- BARD ASSOCIATES INC removed 41,455 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $60,524
- TWO SIGMA INVESTMENTS, LP added 35,460 shares (+inf%) to their portfolio in Q3 2025, for an estimated $102,124
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SAN DIEGO, Dec. 17, 2025 (GLOBE NEWSWIRE) --
Beam Global
, (Nasdaq:
BEEM
), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, announced the deployment of seven
EV ARC™
off-grid electric vehicle (EV) charging systems for the City of Fresno, California. The systems were deployed at the City’s Municipal Service Center (MSC) Yard and will be used to support charging for the City’s municipal EV fleet.
The EV ARC™ systems provide Fresno with rapidly deployable, innovative EV charging without the need for construction, trenching, or utility grid connection. Each system generates and stores its own electricity, enabling reliable fleet charging while reducing emissions, improving resilience and avoiding exposure to grid outages. The City procured the systems through Beam Global’s General Services Administration (GSA) Multiple Award Schedule Contract.
“This is another excellent example of a city taking advantage of the fastest deployed and most robust energy and charging infrastructure solution, combined with the speed and ease of contracting through our recently renewed GSA contract,” said Desmond Wheatley, CEO of Beam Global. “Our FEMA listed products are deployed rapidly and safely, and our purchasing process is fast and painless when existing contracts such as GSA or Sourcewell are leveraged. We have deployments throughout California’s Central Valley, and we are delighted that the City of Fresno is taking advantage of our clean, sustainable and affordable energy and charging infrastructure solutions.”
By deploying EV ARC™ systems at the MSC Yard, the City can charge its fleet vehicles using reliable, renewable energy generated on-site, supporting operational efficiency while saving Fresno money on utility and fuel costs and eliminating the expense and complexity of construction and electrical work required for traditional grid-tied solutions.
For more information about Beam Global’s sustainable EV charging solutions, visit
www.BeamForAll.com
or contact
[email protected]
.
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]