Beam Europe Receives New Orders from Leading European Market Telecommunications Provider Totaling US$1.2 Million
14 Décembre 2023 - 12:00PM
Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of
innovative and sustainable infrastructure solutions for the
electrification of transportation and energy security, announced a
leading European market telecommunications operator placed orders
for telecommunications infrastructure products, valued at over US$1
million year to date, with US$750k since Beam Global’s acquisition
of Amiga and the formation of Beam Europe.
The customer has worked with Beam Global’s European operations,
formed as a result of the Beam Global acquisition of Amiga D.O.O in
October of this year, for over 20 years. Innovations coming to the
telecommunications industry include energy resiliency, micro-grid
technology and sustainable solutions. Renewable energy and battery
storage is becoming increasingly important to the
telecommunications leaders striving to provide the most sustainable
and reliable connectivity in their respective regions.
“We view our long standing and successful relationships with
telecommunications companies as important particularly as we
introduce EV Standard™ to the market which we believe will provide
an ideal mounting asset for micro cell sites and other
communications equipment as well as EV charging solutions, because
it has a built-in, uninterrupted power supply in our proprietary
on-board batteries and is not vulnerable to grid interruptions,”
said Beam Global CEO Desmond Wheatley. “Working with a European
market leader on vital infrastructure is a perfect fit with our
global mission and is further validation of our combined
capabilities. We believe that the series of orders from this
leading telecommunications customer speaks to the high quality,
professionalism and timely performance of Beam Europe to serve the
leading and largest organizations in the region.”
To address energy security, the patented EV Standard™ solution
can continue to provide EV charging, a source of emergency power
and light during grid outages as well as support and power other
vital infrastructure such as cellular communications, IoT connected
devices, smart city sensors and environmental monitors.
“This telecommunications market leader is an important customer
and we are happy to continue to receive growing orders from them,”
said Ivan Tlacinic, Head of European Operations at Beam Gobal. “We
have the right experience, equipment and engineering expertise to
provide the high quality and performance the customer has come to
expect, and we look forward to sharing our new Beam Global products
with them as we successfully deliver on our current orders.”
Infrastructure is taking center stage in Europe. The main
objective of the European Programme for Critical
Infrastructure Protection (EPCIP) is to reduce the vulnerabilities
of critical infrastructure and increase their resilience,
protecting the assets or systems which are essential for the
maintenance of vital societal functions. Energy security, energy
resilience and energy infrastructure are core to the Beam Global
mission and its innovations, which align perfectly with broader
industries in the critical infrastructure space. The need to secure
vital access to energy and communications is key to the equally
vital electrification of transportation.
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
651-335-0585Press@BeamForAll.com
Investor Relations:Core IR+1
516-222-2560IR@BeamForAll.com
Beam Global (NASDAQ:BEEMW)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Beam Global (NASDAQ:BEEMW)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024