Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 51

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 51
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 may be adversely affected.

Veea’s
success depends in large part on Veea’s ability to obtain and maintain patent protection in the U.S. and other countries with respect
to Veea’s products and other proprietary technologies Veea may develop. In order to protect Veea’s proprietary position,
Veea has filed and intends to file additional patent applications in the U.S. and abroad relating to Veea’s products and other
proprietary technologies Veea may develop; however, there can be no assurance that any such patent applications will issue as granted
patents or that a granted patent will provide sufficient coverage for Veea’s products. If Veea is unable to obtain or maintain
patent protection with respect to Veea’s products and other proprietary technologies Veea may develop, Veea’s business, financial
condition, results of operations and prospects could be materially harmed.

The
patent prosecution process is expensive, time-consuming and complex, and Veea may not be able to file, prosecute, maintain, enforce,
or license all necessary or desirable patent applications at a reasonable cost or in a timely manner. It is also possible that Veea will
fail to identify patentable aspects of Veea’s research and development output in time to obtain patent protection. Although Veea
enters into non-disclosure and confidentiality agreements with parties who have access to confidential or patentable aspects of Veea’s
research and development output, such as Veea’s employees, corporate collaborators, outside collaborators, contract manufacturers,
consultants, advisors and other third parties, any of these parties may breach the agreements and disclose such output before a patent
application is filed, thereby jeopardizing Veea’s ability to seek patent protection. In addition, Veea’s ability to obtain
and maintain valid and enforceable patents depends on whether the differences between Veea’s inventions and the prior art allow
Veea’s inventions to be patentable over the prior art. Furthermore, publications of discoveries in the scientific literature often
lag behind the actual discoveries, and patent applications in the U.S. and other jurisdictions are typically not published until 18 months
after filing, or in some cases not at all. Therefore, Veea cannot be certain that Veea or Veea’s licensors were the first to make
the inventions claimed in any of Veea’s owned or licensed patents or pending patent applications, or that Veea or Veea’s
licensors were the first to file for patent protection of such inventions.

30

The
patent position of technology companies