Benzinga | Jan 14, 2021 08:20AM EST

Beam Global Announces Contract Expansion Of Contract With State Of California

SAN DIEGO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))))), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the State of California has extended Beam Global's contract #1-18-61-16 to supply EV ARC(tm) systems to State of California Departments and other governmental entities, and expanded the contract to include government entities in other U.S. states at the California negotiated price, without their having to go through a lengthy procurement or technology review process. The award extends the contract through June 23, 2022.



Use of the contract is mandatory for all State of California Departments and is available for use by local governmental agencies. The contract includes Beam's emergency power solutions which provide a secure and reliable source of electricity for EV charging and first responders during natural disasters or other periods of utility grid interruption. The new contract also reflects the name change from Envision Solar to Beam Global.