Beam Global Receives $2.9M Order from U.S. Department of

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SAN DIEGO, Nov. 14, 2022 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), the main supplier of progressive sustainable merchandise and applied sciences for electrical car (EV) charging, power storage, power safety and out of doors media, introduced that the U.S. Department of Homeland Security (DHS) has ordered 32 Beam EV ARC™ sustainable off-grid charging programs and three ARC Mobility™ trailers for environment friendly system transport. The programs can be deployed throughout 8 areas for Customs Border Patrol (CBP), Federal Law Enforcement Training Centers (FLETC) and the Federal Emergency Management Agency (FEMA). EO 14057 Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability prioritizes federal funding in power resilient infrastructure for EV charging, powered by domestically produced and delivered renewable power for America’s subsequent technology electrical energy provide. The buy was made by the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement course of and ensures finest pricing.

The DHS charging programs can be deployed in Georgia, Maryland, New Mexico, South Carolina, and 4 areas in Puerto Rico. The Beam EV ARC™ programs are off-grid and powered by renewable power, producing and storing their very own clear electrical energy. Each system is deployed with no development, no electrical work, no utility connection, and is delivered as a turnkey sustainable charging system that’s quickly deployed. Because EV ARC™ programs are flood proof to 9.5 toes and wind rated to 125 mph, and have survived a lot increased wind speeds within the subject, they’re notably nicely suited to supply catastrophe preparedness in environments like Puerto Rico. The ARC Mobility™ trailer is a specialised hydraulic transport system designed to effectively relocate EV ARC™ charging programs.

“Our products are perfect for Executive Order (14057) for a Clean Energy Economy: resilient, clean, sustainable and rapidly deployed EV charging infrastructure solutions,” stated Desmond Wheatley, Beam Global CEO. “We continue to see increasing federal GSA orders and pipeline opportunities citing federal initiatives. Our sustainable EV charging solutions create American manufacturing jobs to build American made products that serve zero emission transportation with 100% locally generated renewable and resilient energy.”

The federal fleet is comprised of roughly 657,500 autos. President Biden’s Executive Order 14057 with its accompanying Federal Sustainability Plan requires 100% zero-emission car acquisitions by 2035, together with 100% light-duty acquisitions by 2027. This is prioritizing and accelerating a Federal Clean Electricity and Vehicle Procurement Strategy, calling for clear and nil emissions autos (ZEVs) for federal, state, native and tribal authorities fleets, together with autos of the United States Postal Service.

Beam merchandise could be procured by the General Services Administration (GSA) Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement course of and ensures finest pricing.

*This order was beforehand introduced throughout Beam Global’s earnings announcement on November 10, 2022

About Beam Global

Beam Global is a clear expertise chief offering progressive, sustainable merchandise and applied sciences for electrical car (EV) charging, power storage, power safety and out of doors media. Core platforms embrace Beam EV ARC™ and Solar Tree® sustainable EV charging programs, Beam AllCell™ high-performance power storage options, power resiliency and catastrophe preparedness merchandise and a deep patent library.

Beam EV ARC™ EV charging infrastructure programs help any high quality model EV charging service tools, and Beam AllCell™ battery options energy micro-mobility, terrestrial EVs, aviation, maritime and leisure autos in addition to stationery and energy-security platforms.

Beam develops, patents, designs, engineers and manufactures distinctive and superior clear mobility options that defend the surroundings, save prospects money and time, empower communities and hold folks transferring. Based in San Diego and Chicago, the corporate produces Made-in-America merchandise with the mission to Lead the World to Clean Mobility. Beam Global is listed on Nasdaq beneath the symbols BEEM and BEEMW. For extra data go to BeamForAll.com, LinkedIn, YouTube and Twitter.

Forward-Looking Statements

This Beam Global Press Release might include forward-looking statements. All statements on this Press Release apart from statements of historic information are forward-looking statements. Forward-looking statements are typically accompanied by phrases or phrases equivalent to “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or different phrases and related expressions that convey the uncertainty of future occasions or outcomes. These statements relate to future occasions or future outcomes of operations, together with, however not restricted to the next statements: statements concerning the proposed acquisition, its anticipated advantages, the acquisition’s anticipated timing, and the anticipated future monetary efficiency because of this of the acquisition. These statements are solely predictions and contain identified and unknown dangers, uncertainties and different components, which can trigger Beam Global’s precise outcomes to be materially totally different from these forward-looking statements. There could be no assurances that the proposed acquisition of AllCell can be accomplished. Except to the extent required by regulation, Beam Global expressly disclaims any obligation to replace any forward-looking statements.

Media Contact:
Next PR
+1 813-526-1195
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Investor Relations:
Kathy McDermott
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+1 858-799-4583

Videos accompanying this launch can be found at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/cfa2a772-f3da-49e1-984e-8770434f38eb

https://www.globenewswire.com/NewsRoom/AttachmentNg/8582ea9a-1d90-4f11-babb-6ee313dc941f



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