Veea Inc.VEEA

$0.33-0.01 (-3.20%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$17M
Micro-cap
-93%
2024 — today
10-Year Price
-95%
2024 — today
52-Week Range
$0.33$1.94
Current $0.33· 0%

Veea Inc., established in New York in 2014, specializes in providing sophisticated solutions encompassing computing, multi-access communication protocols, edge storage, and cybersecurity. The company's cutting-edge multi-access edge computing (MEC) platform fundamentally transforms connectivity and processing at the network's periphery by consolidating functionalities typically found in servers, network-attached storage (NAS) devices, routers, firewalls, Wi-Fi access points, IoT gateways, and 4G/5G connections. Furthermore, the Veea Edge Platform facilitates direct connections from optical fiber, cellular, and satellite networks. Veea offers a diverse range of VeeaHub products: VeeaHub STAX integrates edge computing with Wi-Fi 6 wireless access; VeeaHub is tailored for professional indoor smart edge applications; and VeeaHub Outdoor provides robust wireless connectivity for smart edge applications in challenging outdoor and industrial environments. The company's offerings also include specialized platforms such as TROLLEE, a smart shopping cart system; the VeeaHub toolkit; and Veea AdEdge, an advertising solution.

Valuation in context

P/E ratio
-0.9
N/A
Not meaningful — company is unprofitable
P/B ratio
3.3
Historically pricey
Historically pricey — last 10 years
FCF Yield
-102.3%
Near historic low
Near historic low — last 10 years
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