Business
Beam Global Announces Record $1.7M in Smart Cities Infrastructure Product Orders in a Single Week, One Month After Setting Previous Record of $1.0M
SAN DIEGO, March 17, 2026 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for
About this update from Beam Global
[{"type":"text","content":"SAN DIEGO, March 17, 2026 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for transportation, energy security and smart city infrastructure, today announced approximately $1.7 million in smart cities infrastructure product orders within a single week at Beam Europe, surpassing the Company’s previous $1.0 million weekly sales order milestone announced on February 12, 2026. The strong sales performance reflects a significant increase in orders across Romania, Croatia, Montenegro, Serbia and Italy. The orders are for Beam Europe’s infrastructure and smart city technology solutions, along with a new order for the Company’s power electronics products in the Italian market. The $1.7 million in single-week orders is approximately double the strongest single week’s orders in 2025, highlighting accelerating demand for the Company’s infrastructure product portfolio across Europe. These results demonstrate further progress in the execution of Beam Global’s strategy to diversify its product offerings and expand internationally. “Our robust and intelligent products provide energy savings and security at a time when volatility and vulnerability in traditional infrastructure are high,” said Desmond Wheatley, CEO of Beam Global. “Beam products are powering drones, generating, storing, and delivering mission critical electricity, increasing stability and security in urban infrastructure, providing stable and sustainable transportation, and providing a host of other vital services to our customers when these solutions are needed most. Our growth strategy of product and geographic expansion is working. It’s a process, not an event, and records like this one demonstrate that the process is well underway.” Growing geopolitical uncertainty and rising oil and gas prices have increased the focus on energy security and reliable infrastructure operations. Beam Global’s solutions are designed to operate independently of traditional energy supply chains, helping customers reduce exposure to energy price volatility while supporting transportation, communication, and public infrastructure. As global energy markets experience increased uncertainty due to ongoing conflict and supply disruptions, companies dependent on oil and gas may face rising costs and operational risks. Beam Global’...