Beam Global shares rise 13.79% intraday after RIBER receives an order for two production systems in Asia.

Beam Global rose 13.79% in intraday trading, with the company announcing that RIBER, a global market leader in molecular beam epitaxy (MBE) equipment for the semiconductor industry, has received an order for two new MBE 6000 production systems by an industrial customer in Asia. This customer, already operating several RIBER systems, is expanding its production capacity with two additional MBE 6000 reactors, dedicated to the fabrication of materials for high-performance electronic devices. This order was based on a purchase option signed in 2022.