Beam Global Relocates Manufacturing to Yuma, Arizona
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2026
0mins
Beam Global will relocate its California manufacturing and production operations to Yuma, Arizona. The company intends to maintain its corporate headquarters in San Diego, California. Beam Global's manufacturing and office facilities in Chicago IL, Belgrade and Kraljevo, Serbia and Abu Dhabi in the Middle East, will continue to operate without change. The new Yuma campus consists of two adjacent industrial buildings, totaling approximately 55,000 square feet of office and manufacturing space. Beam Global will occupy the first building on July 15, 2026, and the second on January 1, 2027, under lease terms extending through July 31, 2031. The company has the right to purchase the property at a favorable fixed price throughout the term of the lease. Production will continue without interruption during the transition. The relocation is expected to improve Beam Global's gross margins by lowering its cost of production. The company anticipates rent savings of approximately $400K in 2026 and $2.7M over the five-year lease term vs. current rent in San Diego, California. Beam Global also expects to benefit from Arizona's more affordable overall cost environment. Management anticipates reduced shipping costs to further enhance the economic benefits of the move. The new facility will enable the company to become more vertically integrated with the potential to insource several procedures which are currently outsourced in California due to the permitting and compliance environment in that state.
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Analyst Views on BEEM
Wall Street analysts forecast BEEM stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 1.290
Low
3.00
Averages
3.25
High
3.50
Current: 1.290
Low
3.00
Averages
3.25
High
3.50
About BEEM
Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. The Company develops designs, engineers, manufactures, and sells renewably energized infrastructure products for electric vehicle (EV) charging. It also manufactures steel structures with electronic integration such as street lighting, cell towers and energy infrastructure products, as well as power electronics including invertors, charge controllers, power supplies and light-emitting diode (LED) lighting. Its product offerings include EV ARC Electric Vehicle Autonomous Renewable Charger, Solar Tree Direct Current Fast Charge (DCFC), EV ARC DCFC, BeamSpot, BeamBike, BeamPatrol, BeamWell, and UAV ARC. Its EV ARC Electric Vehicle Autonomous Renewable Charger is a patented infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Beam Global Relocates Manufacturing to Arizona for Cost Efficiency
- Cost Savings: Beam Global plans to relocate its California manufacturing operations to Yuma, Arizona, expecting to save approximately $400,000 in rent in 2026 and $2.7 million over the five-year lease, significantly lowering production costs and enhancing gross margins.
- Production Continuity: The new Yuma campus consists of two buildings totaling about 55,000 square feet, with occupancy scheduled for July 15, 2026, and January 1, 2027, ensuring uninterrupted production during the transition and maintaining business stability.
- Labor Force Advantage: The Yuma region boasts a diverse and skilled workforce ready to meet advanced manufacturing needs, with employees benefiting from lower state income taxes and living costs, further enhancing the company's competitiveness in the area.
- Vertical Integration Potential: The new facility will enable Beam Global to insource several currently outsourced processes, reducing costs, risks, and complexity, thereby improving gross margins and cash flow, supporting anticipated sales growth.
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- Technical Advantage: The patented material is designed for lithium-ion batteries, providing thermal management by insulating batteries in cold conditions and dissipating heat in high temperatures, thus meeting high customer demands for safety and energy density, particularly in specialized applications like drones, robots, and military devices.
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- Technological Advantage: The Smart PCC™ material insulates batteries in cold conditions and dissipates heat in high-temperature environments, providing a passive thermal management solution that simplifies cooling complexities in battery systems, thereby improving safety and energy density.
- Market Applications: This technology is applicable across electric mobility, energy storage, robotics, and defense sectors, addressing the needs of modern drones, robots, and electric vehicles for high-performance batteries, further solidifying Beam Global's leadership in these markets.
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See More
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- Technical Advantage: The PCC™ material accommodates natural expansion and contraction during temperature fluctuations, enabling passive thermal management without the complexity of active cooling systems, thus improving safety and energy density in various applications.
- Market Applications: This technology is applicable across electric mobility, energy storage, robotics, and defense sectors, catering to the needs of modern drones, robots, and other battery-powered devices, showcasing Beam Global's strategic positioning in diverse markets.
- Growth Strategy: CEO Desmond Wheatley emphasized that developing a rich IP portfolio in battery systems is central to the company's growth philosophy; this patent grant adds another layer of value for customers while creating higher barriers to entry for competitors.
See More
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- Revenue Decline Analysis: The first quarter revenue was $3.1 million, a 51% decrease year-over-year, primarily due to the deferral of two large orders and seasonal slowdowns in the European market, reflecting the company's vulnerability to demand fluctuations.
- International Market Performance: International customers accounted for 51% of revenues in Q1 2026, up from 25% in Q1 2025, indicating a 48% increase in revenue from non-government commercial entities, enhancing the company's market diversification capabilities.
- Future Growth Outlook: Management expressed optimism for Q2 2026, having already matched Q1 revenue, emphasizing the potential of the autonomous vehicle and drone markets, which are expected to contribute significantly to revenue.
See More
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- Cost Savings: Beam Global plans to relocate its California manufacturing operations to Yuma, Arizona, expecting to save approximately $400,000 in rent in 2026 and $2.7 million over the five-year lease, significantly lowering production costs and enhancing gross margins.
- Production Continuity: The new Yuma campus consists of two buildings totaling about 55,000 square feet, with occupancy scheduled for July 15, 2026, and January 1, 2027, ensuring uninterrupted production during the transition and maintaining business stability.
- Labor Force Advantage: The Yuma region boasts a diverse and skilled workforce ready to meet advanced manufacturing needs, with employees benefiting from lower state income taxes and living costs, further enhancing the company's competitiveness in the area.
- Vertical Integration Potential: The new facility will enable Beam Global to insource several currently outsourced processes, reducing costs, risks, and complexity, thereby improving gross margins and cash flow, supporting anticipated sales growth.
See More
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- Patent Grant: Beam Global announced that its Smart Phase Change Composite (PCC) technology has been granted a patent by the European Patent Office, leading to a pre-market stock surge of approximately 46%, which signifies an expanded intellectual property footprint in Europe and enhanced market competitiveness.
- Technical Advantage: The patented material is designed for lithium-ion batteries, providing thermal management by insulating batteries in cold conditions and dissipating heat in high temperatures, thus meeting high customer demands for safety and energy density, particularly in specialized applications like drones, robots, and military devices.
- Market Recognition: CEO Desmond Wheatley stated that the company is increasingly recognized as a go-to provider for customers prioritizing safety, energy density, and bespoke form factors, further solidifying its market position in military and commercial sectors.
- Competitive Barrier: The new patent adds another layer of value for customers while establishing higher entry barriers for competitors, indicating the company's potential for future growth and increased market share in the energy storage sector.
See More
Beam Global Secures European Patent for Smart PCC Technology
- Patent Grant: Beam Global has been granted European Patent EP 4 348 756 B1, protecting its Smart Phase Change Composite (PCC™) technology, which expands the company's intellectual property portfolio in key European markets, enhancing its competitive edge in regions with growing battery demand.
- Technological Advantage: The Smart PCC™ material insulates batteries in cold conditions and dissipates heat in high-temperature environments, providing a passive thermal management solution that simplifies cooling complexities in battery systems, thereby improving safety and energy density.
- Market Applications: This technology is applicable across electric mobility, energy storage, robotics, and defense sectors, addressing the needs of modern drones, robots, and electric vehicles for high-performance batteries, further solidifying Beam Global's leadership in these markets.
- Strategic Importance: CEO Desmond Wheatley emphasizes that developing a rich IP portfolio is central to the company's growth strategy, with the new patent adding value for customers while raising barriers to entry for competitors.
See More
Beam Global Secures European Patent for Smart Thermal Management Technology
- Patent Grant: Beam Global has been awarded European Patent EP 4 348 756 B1, which protects its Smart Phase Change Composite (PCC™) technology, thereby expanding its intellectual property portfolio in key European markets and enhancing its competitive edge in the growing battery demand sector.
- Technical Advantage: The PCC™ material accommodates natural expansion and contraction during temperature fluctuations, enabling passive thermal management without the complexity of active cooling systems, thus improving safety and energy density in various applications.
- Market Applications: This technology is applicable across electric mobility, energy storage, robotics, and defense sectors, catering to the needs of modern drones, robots, and other battery-powered devices, showcasing Beam Global's strategic positioning in diverse markets.
- Growth Strategy: CEO Desmond Wheatley emphasized that developing a rich IP portfolio in battery systems is central to the company's growth philosophy; this patent grant adds another layer of value for customers while creating higher barriers to entry for competitors.
See More
Beam Global Deploys Six EV ARC Charging Systems in Long Beach
- Infrastructure Expansion: Beam Global has deployed six additional EV ARC™ solar-powered electric vehicle charging systems in Long Beach, California, with four supporting the city's electric vehicle fleet operations and two at Long Beach Airport, significantly enhancing the city's EV charging capacity and aiding the transition to electric fleet vehicles.
- Autonomous Charging Benefits: The EV ARC™ systems generate and store electrical energy on-site, enabling autonomous EV charging that can be rapidly deployed and relocated, thus avoiding the high costs and disruptions associated with conventional charging infrastructure installation and operation, thereby enhancing operational efficiency.
- Environmental Impact Reduction: By utilizing off-grid charging systems, the City of Long Beach can increase charging capacity where needed without adding demand on existing electrical infrastructure, effectively reducing vehicle emissions and supporting sustainability goals.
- Significant Cost Benefits: Beam Global's charging infrastructure products allow fleet operators to scale up charging infrastructure with the lowest total cost of ownership, reducing downtime and maintenance costs while improving working conditions for employees, further driving the electrification of fleet vehicles.
See More
Beam Global Q1 2026 Earnings Call Insights
- Backlog Growth: Beam Global's backlog increased by 50% in Q1 2026, rising from $6 million at the end of 2025 to $9 million, indicating strong signals of business acceleration.
- Revenue Decline Analysis: The first quarter revenue was $3.1 million, a 51% decrease year-over-year, primarily due to the deferral of two large orders and seasonal slowdowns in the European market, reflecting the company's vulnerability to demand fluctuations.
- International Market Performance: International customers accounted for 51% of revenues in Q1 2026, up from 25% in Q1 2025, indicating a 48% increase in revenue from non-government commercial entities, enhancing the company's market diversification capabilities.
- Future Growth Outlook: Management expressed optimism for Q2 2026, having already matched Q1 revenue, emphasizing the potential of the autonomous vehicle and drone markets, which are expected to contribute significantly to revenue.
See More
