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An update from Veea ( (VEEA) ) is now available.
On August 7, 2025, VeeaSystems Inc., a subsidiary of Veea Inc., entered into a Supply Agreement with Telcel, a Mexican telecommunications company. This agreement, effective immediately, follows successful trials of Veea’s VeeaHub STAXÒ-5G product with Telcel’s enterprise customers. The agreement outlines the provision of a Platform-as-a-Service solution featuring 5G-based Fixed Wireless Access through the VeeaHub STAXÒ-5G device. The collaboration aims to develop marketing strategies for VeeaSystems’ services in Mexico, with an initial term of three years, automatically renewing annually unless terminated with prior notice.
More about Veea
Veea Inc. operates in the technology industry, focusing on providing advanced connectivity solutions. Its primary products include the VeeaHub STAXÒ-5G device, which offers 4G and 5G cellular connectivity, Wi-Fi 6 Access Point, IoT gateway, storage, and Linux server capabilities, aimed at enhancing connectivity with integrated AI-driven cybersecurity services.
Average Trading Volume: 38,696
Technical Sentiment Signal: Sell
Current Market Cap: $59.28M
See more insights into VEEA stock on TipRanks’ Stock Analysis page.