Beam Global Agrees to Acquire ScoutDI for $24 Million Base Price

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Beam Global agreed to acquire ScoutDI AS for a $24 million base price, expanding the U.S. company’s infrastructure business into industrial drone inspection and software for oil and gas and maritime customers. The purchase price consists of 90% cash and 10% Beam Global common stock. Sellers may choose additional shares instead of cash, subject to a Nasdaq share limit, while 15% of the base price will remain in escrow for 18 months. The agreement also includes a potential 2026 earn-out tied to ScoutDI’s revenue. No earn-out would be payable if revenue falls below $3.5 million.
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