Veea Inc. (NASDAQ: VEEA) is a New York City–based technology company focused on intelligent edge computing, Edge AI, and secure connectivity for enterprise and public infrastructure. The VEEA news page on Stock Titan aggregates company announcements, partnership news, product platform updates, capital markets disclosures, and other developments drawn from Veea’s own press releases and related coverage.
According to its public communications, Veea uses its Veea Edge Platform, VeeaHub devices, and VeeaONE intelligent edge platform to support use cases such as smart construction, precision agriculture, rural connectivity, decentralized storage, and AI‑as‑a‑Service offerings. News items have highlighted deployments with systems integrators and customers in areas like jobsite safety and asset tracking, as well as collaborations with telecommunications and infrastructure partners to extend managed Wi‑Fi, IoT integration, and edge applications to underserved communities.
Investors and technology observers can use this page to follow Veea’s announcements about strategic partnerships, such as collaborations with telecommunications providers, decentralized storage protocols, and AI infrastructure companies, as well as updates on acquisitions like the integration of Crowdkeep technology into the Veea Edge Platform. The feed also includes information on public offerings of common stock and warrants, conference participation, and other corporate events that Veea discloses through news releases.
By reviewing the VEEA news stream, readers can see how Veea presents the evolution of its edge computing and Edge AI platforms, where it is focusing its deployment efforts, and how it describes its role in enabling low‑latency, edge‑managed applications. Bookmark this page to access an organized view of Veea’s recent announcements and historical news items in one place.
Veea (NASDAQ: VEEA), a technology company focused on edge computing and AI with smart connectivity solutions, announced it will ring the Opening Bell at the Nasdaq MarketSite in Times Square, New York City on February 5, 2025. The ceremony will feature CEO Allen Salmasi alongside board members, management team, SPAC sponsor Plum Acquisition Corp. I, and advisors.
Founded in 2014, Veea specializes in developing integrated wireless communication solutions that simplify and secure connectivity at the edge - where people, places, and things connect to the network. The bell-ringing ceremony will be broadcast live at 9:15 a.m. Eastern Time through Nasdaq's website.
MARQUEE Wireless and Veea (NASDAQ: VEEA) announced a strategic partnership to deploy innovative smart city solutions using MARQUEE's SMARTCELL™ platform integrated with Veea's Edge Computing technology. The collaboration aims to extend cellular networks with AI-driven edge applications. MARQUEE's SMARTCELL™ provides cellular coverage solutions with features like digital displays, EV charging, and surveillance cameras, supported by existing contracts with AT&T and Verizon. The partnership leverages Veea's MEC middleware for cybersecure networking and Edge AI capabilities, focusing on smart energy management and urban infrastructure optimization.
DeepGreenX and Veea (NASDAQ: VEEA) have announced a global strategic partnership to implement an AI-driven virtual energy grid. The initiative includes a US$140 billion lease-financed infrastructure over 5 years, with $2.8 billion allocated for Veea Edge Platform™ in 2025 as part of a $10 billion edge infrastructure investment. The partnership will transform sustainable energy sources into Real-World Assets through Veea's cybersecure edge computing platform, enabling trading on DeepGreenX's ECEx exchange. The platform will integrate blockchain, Edge AI OS, and energy management frameworks for virtual grid management.
Veea (NASDAQ: VEEA) has partnered with O.N.E. Amazon and AECOM to launch the Internet of Forests (IoF), a hybrid edge-cloud computing solution aimed at protecting the Amazon rainforest. The initiative, supported by the Colombian government, will be demonstrated at the UN Biodiversity Conference in October 2024. The project will deploy advanced monitoring systems in Chiribiquete, Colombia's largest national park, using VeeaHub devices with satellite backhaul to collect and process data from ground sensors and cameras. The technology will enable real-time monitoring of wildfires, deforestation, and biodiversity while providing internet connectivity and sustainable business opportunities for local communities through Smart Farming, water management, and ecotourism.
Veea (NASDAQ: VEEA) has partnered with Inti Cakrawala Teknologi (ICT) to bring advanced connectivity solutions and asset tracking to mining operations in Southeast Asia. The first live installation is set for October 20, 2024. The partnership aims to address connectivity challenges in remote mining regions, enhancing asset management, security, and employee safety.
Key features of the deployment include:
- Bi-Directional WiFi for uninterrupted communication
- IoT Gateways and LoRaWAN Sensors for tracking and monitoring
- Edge Computing for real-time data processing
- IoT Meshing and Cloud Connectivity for extended network reach
Veea's solution provides comprehensive connectivity and IoT infrastructure, positioning mining companies to adapt to future technological advancements while reducing operational costs.
Crowdkeep and Veea (NASDAQ: VEEA) have announced a strategic partnership to integrate their technologies into a unified AI-enabled multiaccess edge computing platform. This collaboration combines Crowdkeep's IoT platform for asset, people, and condition tracking with Veea's Edge Platform, offering tailored solutions for construction, healthcare, logistics, and education sectors.
The integrated platform provides comprehensive capabilities including employee/student tracking, asset management, environmental monitoring, and emergency response systems. It utilizes advanced technologies such as Edge AI, computer vision, and neural reasoning to deliver actionable insights and automate various processes. The solution aims to optimize operational efficiencies, maximize safety, and streamline management across different industries.
Veea Inc. and Plum Acquisition Corp. I have successfully completed their business combination, approved on June 4, 2024. The combined company, named Veea Inc., will begin trading on the Nasdaq Capital Market under the ticker symbols 'VEEA' for common stock and 'VEEAW' for warrants on September 17, 2024.
Veea offers the Veea Edge Platform™, providing full-stack hybrid edge-cloud computing solutions. The transaction implies a total enterprise value of approximately $335 million, including $36 million raised in a private placement and an additional $15 million subscribed concurrent with the closing.
The company aims to accelerate digital transformation across various industries with its edge infrastructure solutions, combining connectivity, security, AI, and computation into a single platform.