MARKET WIRE NEWS

Ypsilanti Deploys Beam Global Resilient Energy Products to Counter Grid Interruptions Amid Rising Oil Prices and Energy Volatility

MWN-AI** Summary

Beam Global (Nasdaq: BEEM), a leader in sustainable infrastructure solutions for electrification and energy security, has deployed solar-powered EV ARC™ charging systems at the Ypsilanti Performance Space in Ypsilanti, Michigan. This initiative comes in response to recent prolonged power outages that demonstrated the limitations of conventional grid-tied chargers, which lose functionality when the utility grid fails. Beam Global’s off-grid systems generate and store their own electricity, ensuring they remain operational during grid interruptions, providing vital services such as charging for electric vehicles and electricity access for first responders.

Amidst escalating oil price volatility caused by geopolitical tensions, particularly in the Middle East, this project highlights the increasing need for energy resilience. Beam’s independent energy systems mitigate the impact of rising fuel costs and supply chain disruptions, as they do not depend on traditional energy sources. CEO Desmond Wheatley emphasized the importance of energy security, stating that Beam’s products allow customers to maintain operations without the vulnerabilities associated with grid failures or fluctuating energy prices.

Steve Pierce, Co-Founder of The Ypsilanti Performance Space, pointed out that traditional solar installations also fail during grid outages, reinforcing the necessity for off-grid solutions in the community, especially in areas with limited electrical infrastructure. The U.S. Department of Energy estimates that power outages cost the economy approximately $150 billion annually, underscoring the urgent demand for resilient energy solutions.

Beam Global operates at the intersection of clean energy and transportation with facilities across the U.S., Europe, and the Middle East, focusing on rapidly deployable, scalable EV charging and energy security solutions. For further information, visit BeamForAll.com.

MWN-AI** Analysis

Beam Global (Nasdaq: BEEM) is strategically positioning itself to capitalize on rising energy volatility and the constraints of traditional grid reliance. As demonstrated by their deployment of off-grid, solar-powered EV ARC™ charging systems in Ypsilanti, Michigan, the company’s focus on energy resilience is timely. With current geopolitical tensions, particularly in the Middle East, contributing to soaring oil prices and fluctuating energy costs, Beam’s offerings provide a crucial solution to mitigate these disruptions.

Analysts should consider the implications of recent fuel price jumps, as public reaction to rising costs often translates to increased demand for alternative energy solutions. Beam’s technology ensures that even during grid outages—whether due to natural disasters or systemic vulnerabilities—critical services can continue uninterrupted. This factor alone substantially enhances their value proposition, especially in densely populated areas where energy accessibility is paramount.

Furthermore, the U.S. Department of Energy’s estimate that power outages cost the economy around $150 billion annually amplifies the urgency for innovative energy solutions like those Beam offers. As businesses and municipalities seek to fortify their operations against potential blackouts and rising utility costs, Beam’s systems stand out as an advantageous investment.

Investors should watch Beam Global closely as its products gain traction in a market that increasingly prioritizes sustainability and energy security. The company's focus on domestically manufactured, technologically advanced systems differentiates it from competitors and aligns with broader trends in clean energy investment.

While the path ahead remains influenced by external variables such as regulatory landscapes and international relations, Beam Global’s strategic initiatives and robust product portfolio present a compelling opportunity for growth. As such, a cautious yet optimistic approach to investing in BEEM may yield favorable outcomes as energy markets continue to evolve.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SAN DIEGO, March 04, 2026 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure today announced the deployment of off-grid, solar-powered EV ARC™ charging systems at the Ypsilanti Performance Space in Ypsilanti, Michigan. The deployment follows multi-day neighborhood power outages that highlighted the limitations of traditional grid-tied chargers, which shut down when the grid fails. Beam Global’s systems operate independently of the utility grid, generating and storing their own electricity and continuing to provide charging and vital electricity for first responders or others during utility grid outages.

The project comes amid rising oil price volatility driven by geopolitical tensions, including the current situation in the Middle East. Global supply chain instability and fuel price increases are putting pressure on transportation and operating costs. Beam Global’s resilient energy systems produce and store their own clean electricity onsite, meaning energy costs do not fluctuate with oil or natural gas markets and electricity supplies are not exposed to upstream fuel disruptions.

“Beam Global has a powerful portfolio of energy security and storage products which ensure that our customers can continue to provide vital services without vulnerability to grid interruptions and without any cost volatility - ever,” said Desmond Wheatley, CEO of Beam Global. “When the lights go out, Ypsilanti and our other customers can continue to access vital electricity to execute on their missions because they chose Beam Global products. Energy vulnerability and price volatility are increasingly serious challenges at a time when the world is more reliant on electricity than ever. Our military and civilian customers are benefiting from the technology we invented in the U.S. and manufacture and sell here, as well as in Europe and in the Middle East.”

“When the grid goes down, traditional solar shuts down too,” said Steve Pierce, Co-Founder of The Ypsilanti Performance Space. “Fifty to sixty percent of the housing around here is rental. People park on the street. They don’t have garages or electrical capacity. This fills a real gap.”

Gas prices jumped 11 cents per gallon overnight following escalating conflict with Iran, marking the sharpest increase since the 2022 Ukraine-Russia conflict, emphasizing how quickly geopolitical instability can drive fuel costs higher. At the same time, the U.S. Department of Energy estimates that power outages cost the U.S. economy approximately $150 billion annually. Beam’s off-grid systems require no utility connection, no exposure to blackouts and no exposure to fuel supply chains, strengthening local energy security against both fuel price shocks and costly grid interruptions.

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, energy security and smart city Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, enable Smart City services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL, Belgrade and Kraljevo, Serbia and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit, BeamForAll.comLinkedInYouTube, Instagram and X.

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. 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.

Investor Relations
Luke Higgins
+1 858-261-7646
IR@BeamForAll.com

Media Contact
Lisa Potok
+1 858-327-9123
Press@BeamForAll.com


FAQ**

How is Beam Global BEEM addressing the demand for off-grid energy solutions in response to increasing utility grid outages and rising fuel costs due to geopolitical tensions?

Beam Global (BEEM) addresses the demand for off-grid energy solutions by providing solar-powered charging systems and energy storage technologies, enabling cost-effective, sustainable energy access amidst rising fuel costs and increasing utility grid outages due to geopolitical tensions.

What competitive advantages does Beam Global BEEM offer with its off-grid, solar-powered EV ARC™ charging systems compared to traditional grid-tied chargers, especially in urban areas?

Beam Global's off-grid, solar-powered EV ARC™ charging systems provide competitive advantages in urban areas by eliminating the need for grid connections, reducing installation costs, offering mobility, and enhancing sustainability with renewable energy, while minimizing environmental impact.

How does Beam Global BEEM plan to expand its operations and product offerings in the European and Middle Eastern markets following its success in the U.S.?

Beam Global plans to leverage its successful U.S. operations by establishing strategic partnerships, enhancing its technology offerings, and adapting its renewable energy solutions to meet regulatory and market demands in the European and Middle Eastern markets.

What are the anticipated long-term benefits for investors in Beam Global BEEM, considering the growing need for energy security and sustainability in the transportation sector?

Investors in Beam Global (BEEM) can anticipate long-term benefits from increasing demand for clean energy solutions and electric vehicle infrastructure, positioning the company as a key player in enhancing energy security and sustainability in the transportation sector.

**MWN-AI FAQ is based on asking OpenAI questions about Beam Global (NASDAQ: BEEM).

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