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UPDATE: Beam Global Announces Preliminary Third Quarter 2026 Revenue Growth of 8% Year Over Year, Advancing Strong Core Business for Strategic Expansion into Drone Technology

  • Beam Global reported preliminary, unaudited Q3 2026 revenue increasing 8% compared to Q3 2025.
  • The company is preparing to expand into the drone technology market through a pending acquisition of ScoutDI, a European manufacturer of drones & AI-enhanced software tools.
  • CEO Desmond Wheatley stated the acquisition combines Beam Global's customer base, engineering expertise, manufacturing capabilities, & global sales footprint with ScoutDI's advanced drone technology.
  • The integration aims to create a vertically integrated drone & AI software business serving commercial, government, & defense markets.
  • Beam Global plans to file complete Q2 2026 financial results on Form 10-Q on or before November 16, 2026.
  • The press release includes standard forward-looking statements disclaiming obligations to update predictions based on future risks & uncertainties.