NEW YORK and MEXICO CITY, June 04, 2025 (GLOBE NEWSWIRE) — Veea Inc. (NASDAQ: VEEA), a world innovator in edge computing and AI-driven platforms, and StarGroup, one in all Mexico’s most dynamic and visionary telecommunications and leisure suppliers, are proud to announce a strategic alliance to speed up digital inclusion, connectivity and leisure providers throughout underserved rural communities in Mexico.
Empowering Communities By Expertise and Imaginative and prescient
As Mexico advances its nationwide mission for common web entry, Veea and StarGroup are combining their technological strengths and market management to ship high-performance, cybersecure, and inexpensive digital providers to distant areas which have traditionally been left behind. This transformative partnership displays a daring step and an unwavering dedication to bridging the digital divide and true digital fairness for hundreds of thousands of Mexicans. Furthermore, from cloud-managed leisure to clever edge networking, this partnership goals to gas training, commerce, and innovation for communities which have lengthy been digitally excluded.
With deep native experience and a rising presence throughout the nation, StarGroup is uniquely positioned to drive innovation on the fringe of connectivity, leveraging Veea’s cutting-edge know-how. StarGroup’s deployment of Veea’s digital Trusted Broadband Entry (vTBA) platform marks the start of a nationwide rollout that may present clever web entry, IoT integration, and cloud-based purposes on to customers’ Wi-Fi-enabled units—together with smartphones, tablets, and laptops. “At StarGroup, we consider know-how needs to be a software for empowerment, not exclusion,” stated Monica Aguirre, CEO of StarGroup. “This partnership with Veea permits us to convey actual options to actual communities—options that go far past leisure and connectivity. We’re investing in a future the place each Mexican household, no matter geography, can take part within the digital economic system.”
Deployed with satellite tv for pc backhaul and powered by compact VeeaHub units and VeeaWare software program, the service helps not solely seamless connectivity but in addition a variety of native IoT purposes—from precision agriculture and vitality monitoring to public security and asset monitoring. StarGroup is not only deploying infrastructure; it’s constructing the muse for a better, extra inclusive Mexico.
“StarGroup’s adoption of vTBA platform reinforces the rising demand for cost-effective, clever connectivity on the edge,” added Allen Salmasi, CEO of Veea. “This collaboration extends far past web entry—it empowers communities with real-time AI-driven purposes, with the power to cache content material on the edge together with for tele-education, tele-medicine, leisure and precision agriculture, together with the instruments that allow the end-users to simply develop purposes serving their particular use instances and take part within the digital economic system.”
About StarGroup
StarGroup is a forward-thinking Mexican telecommunications and leisure firm dedicated to redefining connectivity for households throughout the nation. By its STAR manufacturers—together with StarTV (pay tv), StarGo (web), StarLine (cell providers), and StarLink (telecommunications), and many others.—the corporate delivers high-quality, dependable providers powered by superior satellite tv for pc know-how, reaching areas past the scope of conventional networks.
With a robust basis in innovation, buyer focus, and social accountability, StarGroup leverages international partnerships and cutting-edge infrastructure to supply inclusive digital entry, foster neighborhood improvement, and promote cultural enrichment. Its built-in strategy to leisure, media, tourism, and connectivity, positions StarGroup as a catalyst for digital transformation in Mexico’s most underserved areas.
Be taught extra at http://www.stargroup.com.mx.
About Veea
Veea Inc. (NASDAQ: VEEA) was shaped in 2014 and is headquartered in New York Metropolis with a wealthy historical past of main improvements within the improvement of superior networking, wi-fi and computing applied sciences. Veea has unified multi-tenant computing, multiaccess multiprotocol communications, edge storage, edge AI with AI-driven cybersecurity in totally built-in all-in-one VeeaHub® merchandise. Just like cloud-management of smartphones and different person units, VeeaHub merchandise are cloud- and locally-managed with equal capabilities on VeeaCloud™. Functions and providers operating on VeeaHub units profit from cybersecure connections with Zero Belief Community Entry (ZTNA), optionally, with a extremely simplified, plug and play, 5G-based Safe Entry Service Edge (SASE) providing.
Veea Edge Platform™ allows community slicing with direct connections from wherever, by way of the broad space optical fiber, mobile and satellite tv for pc networks, to network-managed Wi-Fi and IoT units on the native space networks, which can be on a mesh cluster created by VeeaHub merchandise. This distinctive functionality allows service suppliers to supply subscription-based providers for one or a gaggle of units, sensors, machines or different endpoints on the native space networks.
VeeaWare software program stack offers for a virtualized software program surroundings to run purposes in Secured Docker™ containers on VeeaHub merchandise and third-party APs and servers with orchestration. Veea Developer Portal and improvement instruments present for fast improvement of edge purposes with inferencing or federated studying to cost-effectively allow Edge AI for many enterprise use instances. Veea has acquired quite a few recognitions by Gartner Group, Market Experiences World’s and IoT Evolution for Edge Computing and Edge AI since 2021. For extra details about Veea and its product choices, go to veea.com and comply with us on LinkedIn.
Ahead-Wanting Statements
This press launch incorporates forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended (“Securities Act”) in addition to Part 21E of the Securities Trade Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995, as amended, which are supposed to be lined by the protected harbor created by these sections. Ahead-looking statements, that are based mostly on sure assumptions and describe the Firm’s future plans, methods and expectations, can typically be recognized by way of forward-looking phrases resembling “consider,” “count on,” “might,” “will,” “ought to,” “would,” “might,” “search,” “intend,” “plan,” “purpose,” “venture,” “estimate,” “anticipate,” “technique,” “future,” “probably” or different comparable phrases, though not all forward-looking statements comprise these figuring out phrases. All statements aside from statements of historic information included on this press launch relating to the Firm’s methods, prospects, monetary situation, operations, prices, plans and goals are forward-looking statements. Vital elements that might trigger the Firm’s precise outcomes and monetary situation to vary materially from these indicated within the forward-looking statements. Such forward-looking statements embody, however are usually not restricted to, dangers and uncertainties together with these relating to: the Firm’s enterprise methods, and the chance and uncertainties described in “Threat Elements,” “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations,” “Cautionary Notice on Ahead-Wanting Statements” and the extra danger described in Veea’s Kind 10-Ok for the 12 months ended December 31, 2024 and any subsequent filings which Veea makes with the U.S. Securities and Trade Fee. You shouldn’t rely on forward-looking statements as predictions of future occasions. The forward-looking statements made within the press launch relate solely to occasions or data as of the date on which the statements are made within the press launch. We undertake no obligation to replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case, after the date on which the statements are made or to replicate the incidence of unanticipated occasions besides as required by regulation. You must learn this press launch with the understanding that our precise future outcomes could also be materially totally different from what we count on.
The Fairness Group
Devin Sullivan
Managing Director
dsullivan@equityny.com
Conor Rodriguez
Affiliate
crodriguez@equityny.com
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