Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 83

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 83
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, 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 effective use of controls. Smart
climate management requires a computational platform that meshes wired and wireless Internet connections from sensors to a central processing
platform.

Veea is the first company to
develop containerized Niagara that is integrated with the Niagara Framework (developed by Tridium, Inc., a wholly owned
subsidiary of Honeywell International, Inc.), the leading platform for connecting to and managing building systems. Veea Edge can deliver
actionable insight to building managers and homeowners regarding data generated by HVAC, lighting, access control, fire safety, plumbing
and surveillance systems. Building managers and homeowners can use this data to reduce electricity usage and carbon emissions through
continuous monitoring and optimization, building management automation, and analysis of usage patterns and environmental conditions.
Veea enhances the traditional Niagara Framework by capturing and pre-processing operational data locally, before augmenting it with cloud
processing, along with interconnecting wired and wireless sensors. Given the dynamic nature of building configurations, designs, and
materials, flexibility in deploying wireless sensors, connection to the Internet, and local data processing is required.

Converged Private Wireless Networks and Smart Retail

Wi-Fi and private 4G/5G
networks are converging to provide wider coverage, faster speeds, and connectivity across a broad range of devices and sensors. By integrating
the two technologies, devices can connect seamlessly to the best available network coverage from Veea Edge Platform and private 4G/5G
network. A converged network takes advantage of Wi-Fi’s ability to handle large amounts of data traffic, at lower network expense
in areas densely populated by people and machines, with 5G’s reliability and low latency over large distances.

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Veea’s hyper-converged