Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 94

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 94
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108-001 |     | 5/4/2023    |     | 29-Sep-36   |
| Stacker Base Module with LTE Stacker Module (combined)             |     | Japan          |     |        1733802 |     | 12/23/2022  |     | 24-Mar-47   |
| DYNAMIC ROUTER FUNCTIONALITY IN CELLULAR NETWORKS                  |     | United States  |     |      9/955,404 |     | 24-Apr-2018 |     | 14-Oct-2036 |

Manufacturing

We rely on two contract manufacturers in Taiwan
and China to manufacture our VeeaHub units.

Research and Development

Because the industry in which the Company competes
is characterized by rapid technological advances, the Company’s ability to compete successfully depends heavily upon its ongoing
research and development activities.

Key focus of the Company’s research and
development activities include (i) the use of AI to optimize network and applications distribution and performance at the edge, (ii) support
for elastic scaling and dynamic cloud to edge orchestration, (iii) real time radio and mesh tuning, (iv) partial and full air-gapped deployment
between the public cloud and the edge, (v) optimized AI model execution across devices, the Veea Edge Platform and the cloud and (vi)
fully integrated online ordering, fulfillment and activation to support large scale, hierarchical distribution partners.

Facilities

We are headquartered in New York City, New York.
We have engineering offices in Iselin, New Jersey; Bath, United Kingdom; and Juvigny, France. We also maintain sales and marketing offices
in Paris, France and Mexico City, Mexico.

Employees

As of September 30, 2024, we employed 45 full-time
employees. None of our employees are represented by a collective bargaining agreement, nor have we experienced any work stoppage. We consider
our relations with our employees to be satisfactory. Our future success depends on our continuing ability to attract and retain highly
qualified employees and senior management personnel. In addition, we have independent contractors whose services we are using on an as-needed
basis to assist with our sales and marketing activities and engineering activities.

Legal Proceedings

From time to time, we may be subject to legal
proceedings and claims in the ordinary course of business. We are not presently a party to any legal proceedings that are expected to
have a material adverse impact on our financial position, results of