Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 82

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 82
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 a talented and experienced management and engineering team that includes former senior executives
of leading technology, telecom, SaaS, and wireless companies that possess a deep understanding of wireless technologies, mesh networking
and edge computing.

Veea has five wholly owned subsidiaries,
VeeaSystems Inc., formerly known as Veea Inc. (“VeeaSystems US”) a Delaware corporation, Veea Solutions Inc., a Delaware
corporation VeeaSystems Development Inc., formerly known as Veea Systems Inc., a Delaware corporation, Veea Systems Ltd., a company organized
under the laws of England and Wales and VeeaSystems SAS, a French simplified joint stock company. The Company is headquartered in New
York City.

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Our Target Markets

Digital Equity 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