Beam Global is an innovative clean technology enterprise focused on the creation, development, production, and sale of sustainably powered products. These solutions primarily address the needs of electric vehicle (EV) charging infrastructure, outdoor advertising and branding, and ensuring power reliability. The company's core offerings encompass the EV ARC, an autonomous renewable charger that integrates solar energy and battery storage to supply power to factory-installed EV charging stations. Another key product is the Solar Tree DCFC, an independent, renewable energy generation and storage system mounted on a single column, designed to deliver a 50kW direct current (DC) fast charge to one or more electric vehicles, including larger models. Additionally, Beam Global provides the EV ARC DCFC, a dedicated DC fast charging system for EVs. Currently under development are several new initiatives: the EV-Standard, a versatile unit that combines a lamp standard with EV charging and emergency power capabilities, leveraging existing streetlamp foundations and integrating solar, wind, grid connection, and onboard energy storage to facilitate curbside charging; and the UAV ARC, an off-grid, renewably energized network specifically engineered for charging fleets of unmanned aerial vehicles (UAVs). Established in 2006 and based in San Diego, California, the company rebranded as Beam Global in September 2020, having previously been known as Envision Solar International, Inc.
Beam Global Signs Definitive Agreement to Acquire Drone Technology Company ScoutDI, Creating a Vertically Integrated U.S. Drone Platform for Industrial and Defense Markets
Beam Global has signed a definitive Share Purchase Agreement to acquire Norwegian drone maker ScoutDI for approximately $24.0 million in cash and stock, with the deal expected to close in November 2026.
ScoutDI's Scout 137 Gen3 holds U.S. Department of Defense Conditional Approval and an FCC Covered List exemption, and Beam plans to manufacture the systems in its U.S. factories to serve commercial, government and defense markets.
ScoutDI brings customers in 30 nations including ExxonMobil, Chevron, Shell and Ørsted, plus recurring subscription revenue from its Scout Portal software. Sellers are eligible for earn-outs in 2026 and 2027 if drone and software revenues exceed 150% and 160% of 2025 levels, and Beam says it has secured non-dilutive financing for the cash portion.