Beam Global bets $24M on US drones with ScoutDI acquisition

Beam Global has signed a definitive agreement to acquire Norwegian drone maker ScoutDI for about $24 million. ScoutDI's inspection drones and Scout Portal software will be manufactured for the US market at Beam's American factories, with the deal expected to close in November.

• Deal valued at roughly $24 million, paid in cash and Beam common stock
• Scout 137 Gen3 holds US DoD Conditional Approval and an FCC Covered List exemption
• US-market drones to be built at Beam factories; Europe and Middle East served from EU sites
• ScoutDI customers include ExxonMobil, Chevron, Shell, Petrobras and Equinor across 30 countries