Image courtesy of 123rf.com

Beam Global (Nasdaq: BEEM) shares surged over 20% in premarket trading on Thursday, September 18, 2025, following the announcement that the company secured a new U.S. patent for its innovative Smart Phase Change Composite (PCC) material. The patent, officially titled “Smart Phase Change Composite for Passive Thermal Management” and protected under Patent No. 12,422,195, represents a significant breakthrough in lithium-ion battery thermal management technology. This development comes at a crucial time for the clean-technology company as it expands its operations internationally and seeks to strengthen its competitive position in the rapidly growing energy storage and electric vehicle markets.

New Patent Enhances Battery Performance in Extreme Temperatures

The newly patented Smart Phase Change Composite technology acts as a thermal switch, automatically insulating batteries in cold environments while cooling them when temperatures rise. This innovation addresses a critical challenge in battery performance, particularly for applications in extreme climates such as the freezing winters of Serbia and hot desert conditions in the Middle East, where Beam Global has recently expanded operations. The technology significantly enhances battery safety, extends operational life, and improves overall performance across diverse applications including electric vehicles, robotics, medical devices, and classified government defense systems.

CEO Desmond Wheatley emphasized the strategic importance of this patent, stating that it covers the company’s “latest, innovative thermal management technology which makes our battery solutions more dynamic and capable of addressing a wide range of customer requirements.” The intellectual property strengthens Beam Global’s competitive edge as global demand increases for advanced battery solutions that can operate reliably in challenging environmental conditions. The patent builds on the company’s recent momentum, including an extended U.S. government procurement contract that runs through 2030 and new joint ventures expanding into Middle Eastern and African markets.

Shares Jump Despite Losses as Analysts See 25% Upside

As of 10:19 AM EDT on September 18, 2025, BEEM shares were trading at $2.7950, representing a gain of $0.2650 or 10.47% from the previous close of $2.53. The stock opened significantly higher at $2.9850 and reached an intraday high of $2.9899 before settling back. With a market capitalization of approximately $49.2 million, the company maintains a relatively modest valuation despite its innovative technology portfolio. However, the stock has faced headwinds over the longer term, with year-to-date returns of -11.98% and one-year returns of -47.55%, significantly underperforming the S&P 500’s gains of 13.03% and 18.33% respectively.

The company’s financial metrics reflect the challenges facing many emerging clean-tech firms, with negative earnings per share of -$1.52 and a profit margin of -69.33%. Beam Global reported Q2 2025 revenue of $7.08 million, missing estimates by $0.17 million, while posting an earnings loss of -$0.28 per share, slightly worse than the -$0.27 estimate. Despite these near-term financial challenges, analysts maintain an average price target of $3.50, suggesting potential upside of approximately 25% from current levels. The company’s 245 full-time employees continue to focus on developing renewably energized infrastructure products, including the EV ARC electric vehicle charging stations and Solar Tree DCFC systems.

More By This Author: