Beam Global secures EU patent for smart phase change composite battery tech
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- Beam Global received European Patent EP 4 348 756 B1 for its proprietary battery thermal management technology.
- Following the IP announcement, the company's common stock price rose to $1.52 per share.
- The new patent expands the firm's intellectual property protection across key European clean energy markets.
Beam Global (NASDAQ:BEEM) secured European Patent EP 4 348 756 B1 for its passive battery thermal management technology.
This new international certification expands upon the company's existing protection under U.S. Patent No. 12,422,195.
The proprietary material functions as an intelligent thermal switch to regulate lithium-ion battery temperatures in extreme conditions.
Following the announcement, Beam Global's share price was up at $1.18.
The clean technology innovator designs and manufactures sustainable infrastructure products across the United States and Europe.
Its specialized energy storage solutions target critical applications within electric mobility, robotics, defense systems, and drones.
