Beam Global announced that it has installed seven of its EV ARC off‑grid electric‑vehicle charging stations at the City of Fresno’s Municipal Service Center Yard. The units generate and store their own power, allowing the city’s municipal fleet to charge without any grid connection, construction, or trenching.
The deployment was secured through Beam Global’s renewed General Services Administration (GSA) Multiple Award Schedule contract (No. 47QSWA21D0006), which remains in force through October 31, 2030 with options to extend to 2040. The GSA contract provides a streamlined procurement path for federal, state, and local governments, giving Beam a predictable revenue stream and a foothold in the public‑sector market.
Beam’s Q3 2025 financial results provide context for the Fresno deployment. Revenue fell 50% to $5.8 million from $11.5 million in Q3 2024, and the company posted a net loss of $4.9 million, compared with a $1.3 million profit in the prior year. Commercial sales accounted for 82% of the quarter’s revenue, up from 48% in Q3 2024, reflecting the company’s strategic pivot toward non‑government customers. Gross margin slipped to a negative 1% from an 11% margin in the same period, largely due to fixed‑overhead allocations on reduced sales volume.
CEO Desmond Wheatley said the Fresno project demonstrates the speed and resilience of Beam’s off‑grid solution. "This is another excellent example of a city taking advantage of the fastest deployed and most robust energy and charging infrastructure solution, combined with the speed and ease of contracting through our recently renewed GSA contract," Wheatley said. He added that Beam’s FEMA‑listed products are deployed rapidly and safely, and that the purchasing process is fast and painless when existing contracts such as GSA or Sourcewell are leveraged.
Investors reacted to Beam’s Q3 earnings miss, but the Fresno deployment underscores the company’s continued demand for its off‑grid technology. The project highlights Beam’s ability to deliver rapid, resilient charging infrastructure to municipal fleets, reinforcing its strategy to diversify beyond federal contracts and strengthen its commercial pipeline. The GSA contract, combined with growing commercial and international revenue streams, positions Beam to capture new opportunities while navigating the headwinds of order timing and margin compression.
The Fresno installation is a tangible step toward Beam’s goal of scaling international and commercial operations while maintaining a debt‑free balance sheet. The company’s backlog of $8 million as of Q3 2025 and the expansion of its commercial mix suggest that, despite short‑term financial challenges, Beam is building a resilient foundation for long‑term growth.
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