Beam Global announced on February 18, 2026 that it has secured a material order for its patented battery products from a global drone operator that provides lifesaving aerial drone operations. The order will be delivered throughout 2026 and represents a significant new revenue stream that expands Beam’s footprint beyond its core EV charging solutions into the high‑growth unmanned aerial system market.
The batteries are built on Beam’s proprietary PCC™ material, which delivers higher energy density and safety by mitigating thermal runaway. The technology is designed for lightweight, bespoke form factors that meet the stringent requirements of electric vertical take‑off and landing (eVTOL) aircraft and fixed‑wing platforms, positioning Beam as a key supplier in the rapidly expanding UAV sector.
Beam’s overall financial performance has been challenged by a decline in U.S. federal government orders, which drove a 53% drop in first‑nine‑month 2025 revenue to $19.2 million from $40.9 million in 2024. The company has responded by shifting its revenue mix toward commercial and international customers, with international sales rising to 39% of total revenue in the first nine months of 2025 from 20% in 2024 and commercial revenue accounting for 82% of total revenue in Q3 2025 versus 48% in Q3 2024. Despite the revenue decline, Beam’s non‑GAAP gross margin improved to 22% in the first nine months of 2025, reflecting better operational leverage and cost control.
CEO Desmond Wheatley said, “Beam’s patented technology delivers energy density and safety into lightweight and bespoke form factors – essential criteria for the best in drones. Our investment in creating these differentiated energy storage products is clearly paying off and we look forward to continuing to win orders in this rapidly growing and highly discerning industry.” He added, “We are now supplying batteries for undersea and aerial drones as well as for terrestrial robots.” Wheatley also noted that “Although we had some unfortunate order timing in the 3rd quarter we simultaneously took some of the most important steps in our history for growth.”
The drone battery order provides a tailwind that offsets the headwinds from the loss of government contracts. It signals Beam’s ability to secure high‑margin, high‑growth contracts in a market projected to reach $43.5 billion by 2030. The company’s strategic pivot toward commercial and international clients, combined with its proprietary PCC technology, positions it to capture a share of the eVTOL and fixed‑wing battery market while maintaining its core EV charging business.
Overall, the order represents a meaningful diversification step for Beam Global, offering a new revenue stream in a high‑growth sector while the company continues to navigate revenue declines in its legacy business. The announcement underscores Beam’s focus on leveraging its technology portfolio to secure strategic contracts that can drive future growth.
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