Beam Global Shares Are Rising Today — What Is Powering The Renewable Energy Infrastructure Developer's Stock?
Synopsis
The company stated that while it cannot disclose the specifics of the order, it will deliver it in its entirety in 2026.
Beam Global (BEEM) shares surged nearly 11% in Wednesday’s pre-market trade after the company announced that it has received a material order for its battery products from a drone company.
Beam stated that while it cannot divulge the specifics of the order, it will deliver it in its entirety in 2026.
“Beam’s patented technology delivers energy density and safety into lightweight and bespoke form factors – essential criteria for the best in drones. Our investment in creating these differentiated energy storage products is clearly paying off,” said Beam CEO Desmong Wheatley.
Retail sentiment on Stocktwits around Beam Global hovered in the ‘neutral’ territory at the time of writing.
Get updates to this developing story directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.