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2 clusters · 2 sources · 21 days · First seen · Last updated

Beam Global acquisition of ScoutDI

Overview

In October 2026, Beam Global entered into a definitive agreement to acquire ScoutDI, a drone technology firm, for approximately $24 million in cash and common stock. The acquisition is intended to expand Beam Global’s portfolio into drone systems and AI-enabled software for industrial and defense applications.

Following the acquisition process, ScoutDI secured orders for its Scout 137 drones and recurring revenue software from two independent inspection services companies. These orders are designated for inspecting floating production, storage and offloading (FPSO) vessels in Ghana and Angola, with shipments and revenue expected in the fourth quarter of 2026.

Entities

Beam Global · ScoutDI · Scout Clean Energy · Ghana · Angola

Timeline

  1. [BUSINESS] 2 sources
    Beam Global subsidiary ScoutDI secures West African drone orders

    ScoutDI, a drone company being acquired by Beam Global, has received orders to support offshore FPSO vessel inspections in Ghana and Angola.

  2. [BUSINESS] 4 sources
    Beam Global to acquire drone tech firm ScoutDI for $24 million

    Beam Global to acquire drone technology firm ScoutDI for approximately $24 million to expand its industrial and defense AI software capabilities.

Sources

pressreach.com · seekingalpha.com