- Beam said that its energy storage solutions patented PCC technology, which enables more power in a smaller, lighter battery, ideal for drone applications.
- The company stated that this technology mitigates thermal runaway propagation and enables more power and energy in a smaller, lighter battery pack.
- Beam said its lightweight, energy-dense battery technology supports both electric vertical takeoff and landing and fixed-wing drone platforms.
Beam Global (BEEM) shares surged nearly 10% in Wednesday’s opening trade after the company announced that it 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.
Beam’s Energy Storage Solutions Use Patented PCC Technology
Beam said that its energy storage solutions use patented PCC technology, which enables more power in a smaller, lighter battery, ideal for drone applications.
The company stated that this technology mitigates thermal runaway propagation and enables more power and energy in a smaller, lighter battery pack.
Thermal runaway is an uncontrollable, self-reinforcing process wherein a battery’s internal heat generation exceeds its cooling capacity. This results in an exothermic reaction that leads to severe overheating, venting of hazardous gases, and, eventually, a fire or explosion.
The company said its lightweight, energy-dense battery technology supports both electric vertical takeoff and landing (eVTOL) and fixed-wing drone platforms.
What Does Beam Do?
Beam is a San Diego, California-based company that focuses on developing sustainable energy infrastructure, scalable EV charging solutions, safe energy storage, and smart city Infrastructure.
The company has operations in the U.S., Europe, and the Middle East. It has facilities in Illinois, Belgrade and Kraljevo, Serbia, and Abu Dhabi, the U.A.E.
BEEM stock is up 3% year-to-date, but down 42% over the past 12 months.
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