• Beam Global signed an agreement to acquire drone technology company ScoutDI for about $24 million in cash and Beam stock.
• Closing is expected in November 2026, subject to customary conditions.
• ScoutDI makes drones and AI-enhanced inspection software, with recurring subscription revenue from its Scout Portal platform.
• Beam plans to manufacture ScoutDI drone systems in its US factories, with European and Middle East supply supported by its European sites.
• Sellers can earn additional payments in 2026 and 2027 if revenue targets tied to 2025 levels are exceeded.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beam Global published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610070730OMX_____CNEWS_EN_GNW9841237_en) on October 07, 2026, and is solely responsible for the information contained therein.