Articles from Veea Inc.

Self-forming, self-healing mesh brings cameras and IoT onto one edge platform; on-site AI alerts—no cloud required; a blueprint for connected, intelligent worksites.

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA) (“Veea” or the “Company”), a leader in intelligent edge infrastructure, announced the closing of its public offering of an aggregate of 9,189,096 shares of common stock and warrants to purchase up to 9,189,096 shares of common stock at a combined offering price of $1.00 per share and accompanying warrant (the “Offering”). The Company received aggregate cash gross proceeds of approximately $6.0 million, before deducting placement agent fees and other offering expenses. The warrants have an exercise price of $1.10 per share, are exercisable immediately and will expire five years from the original issuance date.

Includes $6.0 million in cash gross proceeds to the Company

PALO ALTO, Calif. and NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) -- Walrus, the decentralized data storage protocol built by Mysten Labs, the original contributors to Sui, and Veea Inc. (Nasdaq:VEEA), a leader in intelligent edge infrastructure, today announced the adoption of Walrus as a VeeaHub STAX™ edge solution to provide high-performance data transport and storage capabilities for the decentralized network. The bundled solution is aimed at creating a highly secure, scalable, and low-latency data environment for Walrus’ decentralized storage solution, allowing the network to handle even the most data-intensive tasks for DApps and AI development.

NEW YORK and MEXICO CITY, June 04, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA), a global innovator in edge computing and AI-driven platforms, and StarGroup, one of Mexico’s most dynamic and visionary telecommunications and entertainment providers, are proud to announce a strategic alliance to accelerate digital inclusion, connectivity and entertainment services across underserved rural communities in Mexico.

Strategic Acquisition Adds Highly Complementary Business

NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA), a pioneer in hyperconverged heterogenous Multiaccess Edge Computing (MEC) with AI-driven cybersecurity and edge solutions, today announced that Allen Salmasi, co-founder and CEO will participate in the 37th Annual Roth Conference, which will be held on March 16-18, 2025 in Dana Point, CA.

Visit us at Mobile World Congress in Barcelona, Spain, March 3-6, 2025, for demonstrationsBy appointment (marketing@veea.com) in Hall 6, Stand 6A or on M37 Yacht in Port Vell, Barcelona

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, today announced the Company’s upcoming conference presentation schedule. The Company will be offering attendees the opportunity to learn more about the Veea Edge Platform™ and its broad range of applications across end markets.

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, today issued a Letter to Shareholders from Founder and Chief Executive Officer Allen Salmasi.

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Veea, Inc. (NASDAQ: VEEA), a pioneering technology company specializing in edge computing and AI with smart connectivity solutions, today announced that it will ring the Opening Bell at the Nasdaq MarketSite in Times Square, New York City on Wednesday, February 5, 2025.

Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, and Lynxspring, Inc., a premier manufacturer, developer, and provider of open software and hardware platforms for smarter buildings, smart equipment and device-to-enterprise integration and automation, announced they have partnered to jointly rollout technologies and solutions that simplify data management, improve operational efficiency, and enable real-time decision-making for building owners and operators.

MARQUEE Wireless Inc., a company specializing in integration and deployment of cellular, IoT and edge computing technologies for cellular networks and Smart Cities, and Veea Inc. (NASDAQ: VEEA), a pioneer in hyperconverged Multiaccess Edge Computing (MEC) with AI-driven cybersecurity and edge solutions, announced a partnership for a visionary initiative to roll out a transformative solution based on MARQUEE’s patented SMARTCELL™ platform supported by Veea’s Decentralized Physical Infrastructure Network (DePIN) to accelerate the introduction of MEC solutions with Edge AI as an extension of cellular network infrastructure.

Veea Inc. (NASDAQ: VEEA), a first-to-market pioneer in hyperconverged multiaccess platform products for edge-cloud computing and communications, has partnered with Mainstream Fiber Networks, Microclimates Inc., and AmeriCrew LLC to deploy Climate Smart Agriculture solutions at Cyr Farm in Fowler, Indiana. The installation of the Veea’s Edge Platform’s connectivity technology is aimed at improving resource management, sustainability, and productivity in farming operations.

DeepGreenX Group Inc. (“DeepGreenX” or “the Company”), an AI-enabled green energy and technology company, and Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, announced a global partnership for a visionary initiative to roll-out a transformative platform for accelerating the transition to global green energy. The AI-driven operating system for energy markets is a Web 3.0 platform-as-a-service (PaaS) supported by Veea’s cybersecure edge computing platform providing for a Decentralized Physical Infrastructure Network (DePIN) with virtualized software development environment for developer communities to develop applications with blockchain and Contextual AI.

The combined company will begin trading on the Nasdaq Capital Market under the ticker symbols “VEEA” for its common stock and “VEEAW” for its publicly traded warrants

Veea Inc., a first-to-market pioneer in hyperconverged multi-access networks, incorporating edge-to-cloud computing and Edge AI, has partnered with smart buildings specialist Tecno Buildings on the first commercially deployed use of the groundbreaking Containerized Portable Niagara (CPN) software framework in a mass urban transit system. Veea collaborated closely with Tridium to develop CPN, and is a leading Tridium partner deploying containerized Niagara at the network edge — removing wired connectivity in greenfield and brownfield deployments.

BG Titan Group (“BGT”), a leader in infrastructure development projects, and Veea Inc. (“VEEA”), a first-to-market pioneer in hyperconverged multiaccess networks, incorporating and edge-to-cloud computing and Edge AI, today announced a strategic partnership aimed at driving broadband inclusion and community development across North African countries. The parties entered into a Cooperation Agreement earlier this year in support of their joint market development and network roll-out activities that were initiated in 2023 in other regions. This collaboration extends the proven strengths of both companies to address the critical need for reliable Internet access in remote and underserved areas of North Africa through local and regional service providers offering value-added services with a focus on addressing food security challenges in the region.