Veea Inc (NASDAQ: VEEA) is an edge computing and connectivity company that develops integrated hardware and software platforms for deploying distributed computing at the network edge. Revenue is generated through hardware sales of VeeaHub devices and a recurring software layer, the VeeaWare software stack, with a revenue-sharing model applied to connectivity services such as AirLynx Internet access deployed in partnership with operators like StarGroup in Mexico. The company was founded in 2014 and is headquartered in New York City. As of the 10-K filed April 15, 2026, Veea reported a net loss of approximately $47.5 million for the year ended December 31, 2024 and disclosed early-stage commercial deployments, indicating it has not yet reached material revenue scale. The company operates across the United States, Mexico, the United Kingdom, and France. Common stock and public warrants trade on Nasdaq under symbols VEEA and VEEAW respectively.
- Revenue model
- Veea targets revenue through hardware sales of VeeaHub edge computing devices, licensing of its VeeaWare software platform, and a revenue-sharing model on connectivity services, specifically AirLynx Internet access, deployed with channel partners. The StarGroup partnership in Mexico establishes monthly recurring revenue split between the two parties. The company also conducted a commercial trial with Viasat under a separate agreement.
- Products and services
- VeeaHub: a family of edge computing nodes in various indoor and outdoor form factors providing Wi-Fi access point, IoT gateway, 5G connectivity, Software Defined Networking, and distributed edge storage. VeeaWare: a full-stack software platform designed to be hardware-agnostic, supporting virtualized applications at the edge including cybersecurity, video analytics, and AI workloads. AirLynx: an Internet connectivity service deployed over VeeaHub infrastructure, offered standalone or bundled with Pay TV services in partnership with StarGroup in Mexico.
- Customers and end markets
- End markets include rural and underserved connectivity (Mexico village deployments with StarGroup), smart cities, building automation, video surveillance and analytics, smart grid, and IoT applications. Commercial partners identified in the FY2025 10-K filing include StarGroup (Mexico, mobile communications and satellite Pay TV) and Viasat (global communications, under a commercial trial agreement with CFE-connected deployments).
- Value-chain role
- Veea sits at the intersection of hardware manufacturing, operating system software, and managed connectivity services. It designs VeeaHub hardware in collaboration with ODM and OEM partners, develops the VeeaWare software stack internally, and acts as a platform provider enabling third-party applications to run at the network edge. It also takes a service-layer role through revenue-sharing connectivity agreements with telecom and satellite operators.
- Geographic exposure
- Headquartered in New York City, New York. Engineering offices in Iselin, New Jersey; Bath, United Kingdom; Juvigny, France; and San Diego, California. Sales and marketing offices in Paris, France and Mexico City, Mexico. Active commercial deployments in Mexico through the StarGroup partnership as of Q1 2025. Subsidiary operations span the United States, Mexico, England and Wales, and France.
