Veea Inc. - Common Stock (VEEA)

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQVEEA), 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. (NASDAQVEEA), 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. (NASDAQVEEA), 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. (NASDAQVEEA), 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. (NASDAQVEEA), 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. (NASDAQVEEA), 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.

Veea (NASDAQVEEA), a first-to-market pioneer in hyperconverged multiaccess networks with AI-driven cybersecurity, has partnered with Inti Cakrawala Teknologi (ICT), a provider of next-gen digital connectivity solutions, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia. The first live installation is intended to commence on October 20, 2024.

In partnership with the Colombian government, Veea (NASDAQVEEA), a first-to-market pioneer in hyperconverged multiaccess networks with AI-driven cybersecurity, is collaborating with O.N.E. Amazon, and AECOM to deploy a technologically advanced, multidimensional solution composed of hybrid edge-cloud computing and communications products in a protected conservation area of the Government of Colombia. The goal of the deployment is to monitor and analyze rainforest health and digitally connect every hectare to deliver sustainable economic and social benefits to rural communities. This “Internet of Forests” initiative underscores each entity’s commitment to the UN’s Sustainable Development Goals which seek to promote prosperity while protecting the planet.

Crowdkeep, the leading Internet of Things (IoT) platform in asset, people, and condition tracking; and Veea (NASDAQVEEA), a first-to-market pioneer in hyperconverged multiaccess networks with AI-driven cybersecurity, have announced their partnership to integrate their respective technologies into a singular, tailored solution to track assets, people, and conditions across a variety of use cases complementing a plethora of edge applications, developed by Veea and its ecosystem partners, that together run on Veea Edge Platform.