This is pretty cool.
---------- Forwarded message ---------
From: BEAM <Desmond@xxxxxxxxxxxxxx>
Date: Thu, Dec 3, 2020 at 5:56 PM
Subject: Beam Global Announces Patent Issuance for UAV ARC™ Unmanned Aerial
Vehicle Autonomous Renewable Charger
To: <gpbulmer@xxxxxxxxxxx>
Rapidly Deployed Drone Recharging Network Requires No Construction or Grid
Connection
[image: Beam Global]
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*Beam Global Announces Patent Issuance for UAV ARC™ Unmanned Aerial Vehicle
Autonomous Renewable Charger*
*Rapidly Deployed Drone Recharging Network Requires No Construction or Grid
Connection*
[image: Beam Global Announces Patent Issuance for UAV ARC™ Unmanned Aerial
Vehicle Autonomous Renewable Charger]
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SAN DIEGO, CA, December 3, 2020—Beam Global
<https://BeamForAll.us11.list-manage.com/track/click?u=f839de53bc1380c1b0e3134d2&id=0e5de9d452&e=c8c08f0714>,
(Nasdaq: BEEM
<https://BeamForAll.us11.list-manage.com/track/click?u=f839de53bc1380c1b0e3134d2&id=88e38c9d4b&e=c8c08f0714>,
BEEMW), the leading provider of innovative sustainable technology for
electric vehicle (EV) charging, outdoor media and energy security,
announced that the US Patent and Trademarks Office has issued US Patent No:
10,843,819, covering the UAV ARC™ Drone Recharging Network, Beam’s
renewably energized, networked drone recharging solution, which provides en
route charging for unmanned aerial vehicles.
UAV ARC™ terminals, which are now patented and currently in development,
will provide a rapidly deployed drone recharging network. Each UAV ARC™
unit can be delivered and commissioned without permitting, construction or
electrical work. A UAV ARC™ network is intended to provide a
range-extending source of battery recharging for drones that would
otherwise be limited by range or payload restrictions. The ability to
recharge on a network of UAV ARC™ products deployed on rooftops in built up
areas, undeveloped regions or at sea (marinized version) should
dramatically increase the potential range and utility of UAVs. Each UAV
ARC™ unit generates and stores all its power from renewable sources so
drones will receive clean renewable electricity with no cost-per-unit of
energy. The units are completely independent from the power grid, allowing
them to provide charging during grid outages and in remote locations.
The UAV ARC™ network is capable of gathering data on the drones’
state-of-health while they are recharging. Beam Global intends to make the
data and recharging available to a variety of drone operators under various
business models which could include subscriptions, pay per use or
ownership.
Beam anticipates adoption from both commercial and military customers as
drones play an increasing role in package delivery and situational
awareness. Business Insider Intelligence predicts global drone shipments to
reach 2.4 million units in 2023 increasing at a 66% compound annual growth
rate. Drone growth will occur across package delivery, agriculture,
construction and mining, insurance, media and telecommunications and a
variety of military applications.
Amazon plans to use drones to deliver customers' orders within 30 minutes
through its Prime Air delivery program. Google-parent Alphabet's Wing is a
drone delivery service in partnership with FedEx and Walgreens through
which it delivers select FedEx packages and over-the-counter medicines from
Walgreens. Recently, the Department of Defense awarded contracts totaling
$13.4 million to five companies to sustain the capabilities of the domestic
small unmanned aerial system (sUAS) industrial base. This was part of a
wider spend on the part of the US Government, which saw $84 million pumped
into the drone, space tech and shipbuilding industries.
“This latest patented product will enable us to approach what we believe
will be a significant market in the future. A barrier to the growth in
adoption of drones is their limited range capabilities,” said Beam Global
CEO Desmond Wheatley. “I believe that UAV ARC™ will provide a charging
solution which greatly extends their range and capabilities. And it will
provide a data gathering and recurring revenue model that is consistent
with Beam’s mission to provide clean mobility for all through profitable
business models at the intersection of clean energy and transportation.”
“Patents must address two requirements before we will invest in pursuing
them,” continued Mr. Wheatley. “They must cover a product we believe has
market demand that we can monetize, and they must create a significant
barrier to entry for the competition. To date, all but our new and recent
patents for the UAV ARC and EV Standard, which are both in development,
cover products that we have sold and for which the demand is increasing. I
intend to maintain this discipline around IP creation and protection, and I
believe that the UAV ARC™ will be another great example of that discipline
at work.”
*About Beam Global *
Beam Global is a CleanTech leader that produces innovative, sustainable
technology for electric vehicle (EV) charging, outdoor media, and energy
security, without the construction, disruption, risks and costs of
grid-tied solutions. Products include the patented EV ARC™ and Solar Tree®
lines with BeamTrak™ patented solar tracking, and ARC Technology™ energy
storage, along with EV charging, outdoor media and disaster preparedness
packages.
The company develops, patents, designs, engineers and manufactures unique
and advanced renewably energized products that save customers time and
money, help the environment, empower communities and keep people moving.
Based in San Diego, the company produces Made in America products. Beam
Global is listed on Nasdaq under the symbols BEEM and BEEMW (formerly
Envision Solar, EVSI, EVSIW). For more information visit BeamForAll.com
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*Forward-Looking Statements *
This Beam Global Press Release may contain forward-looking statements. All
statements in this Press Release other than statements of historical facts
are forward-looking statements. Forward-looking statements are generally
accompanied by terms or phrases such as “estimate,” “project,” “predict,”
“believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,”
“goal,” “will,” “should,” “may,” or other words and similar expressions
that convey the uncertainty of future events or results.
*Media Contact: *
The Bulleit Group
BeamGlobal@xxxxxxxxxxxxxxxx
415-742-1894
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*About Beam Global*
Beam Global produces innovative, sustainable technology enabling electric
vehicle (EV) charging, outdoor media, and energy security, without the
construction, disruption and costs of grid-tied solutions. Our products
include our patented EV ARC™ and Solar Tree® lines with BeamTrak™ patented
solar tracking, and ARC Technology™ energy storage, along with EV charging,
outdoor media, and disaster preparedness packages.
Based in San Diego, the company produces Made in America products. For more
information visit *BeamForAll.com
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*Copyright © 2020 Beam Global, All rights reserved.*
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Email: gpbulmer@xxxxxxxxx
Gary Bulmer
Cell Phone: 301-706-4093
