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VEEA INC. (VEEAW)

Veea Inc. delivers comprehensive solutions in edge computing, multiaccess multiprotocol communications, edge storage, and cybersecurity. At the core of its offerings is the Multiaccess Edge Computing (MEC) platform, an innovative system designed to revolutionize edge connectivity and processing. This platform cleverly integrates the functionalities of multiple devices—including servers, network-attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G/5G connections—into a unified architecture. Additionally, Veea's Edge Platform ensures direct connectivity from diverse network sources, such as optical fiber, cellular, and satellite networks. The company's product line includes the VeeaHub STAX, an edge computing device with integrated wireless access like Wi-Fi 6; the standard VeeaHub, providing connectivity for professional indoor smart edge applications; and the VeeaHub Outdoor, tailored for wireless integration in smart edge uses across outdoor and industrial settings. Further expanding its portfolio, Veea provides the TROLLEE smart shopping cart platform, a VeeaHub development toolkit, and the Veea AdEdge advertising platform. Headquartered in New York, New York, Veea Inc. was established in 2014.

Sector: Services-Computer Integrated Systems Design

Industry: Information Technology Services

Veea Inc. logo

Veea Inc.

NASDAQ:VEEAWSub-class of VEEATechnology
+19.60%$0.0598
Mkt Cap$186K
Float-
O/S3.11M
Inst Own-
SI0.1%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$186,020
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 3.11M shares outstanding

SectorTechnology
IndustryInformation Technology Services
ExchangeNASDAQ
CountryUSUS
IPO DateSep 17, 2024
Shares Outstanding3.11M
Float-
Company Overview

Veea Inc., established in New York in 2014, specializes in providing sophisticated solutions encompassing computing, multi-access communication protocols, edge storage, and cybersecurity.

The company's cutting-edge multi-access edge computing (MEC) platform fundamentally transforms connectivity and processing at the network's periphery by consolidating functionalities typically found in servers, network-attached storage (NAS) devices, routers, firewalls, Wi-Fi access points, IoT gateways, and 4G/5G connections. Furthermore, the Veea Edge Platform facilitates direct connections from optical fiber, cellular, and satellite networks. Veea offers a diverse range of VeeaHub products: VeeaHub STAX integrates edge computing with Wi-Fi 6 wireless access; VeeaHub is tailored for professional indoor smart edge applications; and VeeaHub Outdoor provides robust wireless connectivity for smart edge applications in challenging outdoor and industrial environments.

The company's offerings also include specialized platforms such as TROLLEE, a smart shopping cart system; the VeeaHub toolkit; and Veea AdEdge, an advertising solution.

Leadership

Alan Black

Allen Salmasi

Co-Founder, Chairman & Chief Executive Officer

Douglas Maine

Gary Cohen

Employees

45

Country

US

Sector

Technology

Website

veea.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
--
Institutional
(19)
--
Insiderⓘ
(0)
--
5%+ Owners
(0)
--
Unattributed (incl. retail)ⓘ
Sources: 13F
Insiders & Institutional Holders
52-Week Range
$0.0132$0.1080
$0.0598(49th percentile)
Volume
Average Daily Volume23.23K
1.40K today vs 23.23K avg(-94%)

30d Avg

23.23K

60d Avg

44.35K

90d Avg

37.91K

Earnings
Dividend History
No dividend history available
Compliance Status
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