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Beam Global to acquire ScoutDI for $24M

PRIVATEOct 07, 2026

Acquiring Company

Beam Global

Acquired Company

ScoutDI

San DiegoEnergyRenewable EnergySmart CitiesManufacturingOil And Gas

Description

Beam Global has signed a definitive agreement to acquire ScoutDI, a drone technology company, for approximately $24 million. The acquisition will allow Beam to manufacture ScoutDI’s drone systems in its U.S. and European factories and expand its offerings in drone and AI-enhanced software solutions. The transaction is expected to close in November 2026, subject to customary conditions. Beam's Chairman emphasized the advantages that ScoutDI's established business brings to Beam’s growth strategy.

Company Information

Company

Beam Global

Location

San Diego, California, United States

About

Beam Global is a leading provider of innovative and sustainable infrastructure solutions for energy storage, security, and electrification of mobility. The company focuses on smart city infrastructure and aims to enhance sustainability through technology. Beam engages in the production of batteries for drones and other devices, positioning itself as a vertically integrated manufacturer. Their acquisition strategy aims to expand their market reach and capabilities.

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Frequently asked

Who acquired ScoutDI?

ScoutDI was acquired by Beam Global, based in San Diego. The deal was reported on October 7, 2026. Beam Global is a leading provider of innovative and sustainable infrastructure solutions for energy storage, security, and electrification of mobility. Beam Global is privately held and operates in Energy.

When did Beam Global acquire ScoutDI?

Beam Global's acquisition of ScoutDI was reported on October 7, 2026. Beam Global has signed a definitive agreement to acquire ScoutDI, a drone technology company, for approximately $24 million. The acquisition will allow Beam to manufacture ScoutDI’s drone systems in its U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ScoutDI do?

ScoutDI develops, manufactures, and sells drone systems alongside proprietary AI-enhanced software designed for the inspection of confined spaces and hard-to-access industrial assets. It is privately held, operating in Manufacturing.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.