Beam Global, the maker of an innovative solar-powered off-grid EV charging solution, has acquired Belgrade-based Telcom, which engineers and manufactures specialized power electronics, including inverters, charge controllers, power supplies and LED lighting.

The acquisition of Telcom will enable Beam to replace third-party power electronic components with in-house engineered and manufactured solutions.

Beam says its suite of products, which currently rely upon power electronics components provided by outside vendors, will be enhanced by the replacement of those components with proprietary, tailored solutions. Telcom, now Beam Europe's power electronics team, will be tasked with creating bespoke solutions to replace third-party products, enabling Beam Global to create products with lower failure rates while reducing costs.

Beam Global also intends to support Telcom in growing its current legacy business. The companies believe that there are significant opportunities to cross-sell Beam's energy storage and renewable energy products to Telcom's existing client base.

"Beam Global's unique suite of products have equally unique power electronics requirements," said Beam CEO Desmond Wheatley. "Until now our talented engineering team has found ways to make off-the-shelf components perform tasks which they are capable of, but were not necessarily designed for, resulting in increased costs and complexities within our products. The acquisition of Telcom continues our strategy of vertical integration and market expansion which we started with AllCell batteries in 2022 and Amiga's streetlight and other capabilities in 2023. I believe our products will become more powerful, more reliable and less expensive to make."

Source: Beam Global

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