Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 86

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 86
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 and Inclusion

As noted in the GSMA Mobile
Economy 2023 report, one-third of the world’s population lacks Internet access due to limited or no access to cost-effective network
infrastructure and services. The Wi-Fi Alliance estimated in their 2021 Global Economic Value of Wi-Fi report, that bridging this “digital
divide” would result in global economic value growth on the order of $4.9 trillion by 2025. We are actively involved in planning
and executing deployments in Southeast Asia, West Africa and the Americas, using our technologies that uniquely address this global opportunity.

Our vTBA provides an affordable,
accessible, and comprehensive solution to address for this “digital divide.” vTBA enables the virtualization of Wi-Fi network
capabilities across access points, consumers of Wi-Fi services, and connected devices. These network capabilities are “sliced,”
meaning that traffic throughput, latency, and priority of service can be tailored to the requirements of the applications for, or the
Service Level Agreements (“SLAs”) with the enterprise and consumer markets. This is achieved by using cloud-based
policy definition and locally based policy enforcement, which minimizes the effort required to onboard customers and automate network
management functions. Unlike mobile network solutions requiring cellular devices, vTBA is a Wi-Fi first solution that connects the widest
range of consumer and IoT endpoints because Wi-Fi is the most prevalent wireless interface and vTBA serves past and current standards
of Wi-Fi devices. vTBA controller provides for a Wi-Fi control channel that permits offering of vTBA-based services on a pre-paid or
post-paid basis with roaming within the coverage of a private network of VeeaHub units located anywhere in the world.

As another use case, by
establishing a canopy of connectivity globally across remote communities while leveraging the Veea Edge Platform edge computing and its
integration with sensors, we facilitate climate-smart agriculture solutions for smallholder farmers and gather data from remote ecosystems.
This information is used to increase productivity in farms, reduce resource utilization, and increase transparency for carbon capture
business models. We drive increased economic activity for local economies.

Climate Smart Spaces

Buildings contribute to
approximately 37% of global carbon emissions and 34% of global energy consumption. Improvements to building utility management systems
are critical to reducing global emissions and energy consumption. Studies furnished by the US Department of Energy have shown that as
much as 30% of building energy consumption can be eliminated through more accurate sensing and more