Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 81

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 81
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 Veea. At Veea, Mr. Salmasi has
assembled 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