Veea shares surge 13.21% intraday after announcing collaboration with Viasat Mexico to expand digital inclusion via edge computing and managed Wi-Fi.

Veea Inc. surged 13.21% intraday following the announcement of a transformative collaboration with Viasat Mexico to expand digital inclusion across Mexico’s underserved communities. The partnership integrates Veea’s VeeaONE intelligent edge platform with Viasat Mexico’s hybrid satellite and terrestrial infrastructure, leveraging 1,600 satellite terminals and LTE networks to deliver managed Wi-Fi and edge applications. The first deployment in Cuetzalingo demonstrated measurable impact, with plans for nationwide expansion to enable telemedicine, smart agriculture, and digital commerce. The alliance, highlighted by Veea’s CEO as creating sustainable digital economies in previously unreachable markets, underscores the company’s strategic growth in edge computing and connectivity solutions, aligning with investor optimism over long-term revenue potential and market expansion.