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VEEA and MARQUEE Wireless Announce a Strategic Partnership that Extends Cellular Networks with Groundbreaking Smart City and Smart Energy Applications

Nov 25, 2024 - financialpost.com
MARQUEE Wireless Inc. and Veea Inc. have announced a strategic partnership to extend cellular networks with smart city and smart energy applications. The partnership will leverage MARQUEE’s patented SMARTCELL™ platform and Veea’s Decentralized Physical Infrastructure Network (DePIN) to accelerate the introduction of Multiaccess Edge Computing (MEC) solutions with Edge AI. The initiative aims to enhance cellular network infrastructure, offering a practical solution for the collection and processing of massive amounts of data for AI-driven edge applications.

The SMARTCELL™ platform provides wireless carriers with flexibility and innovative solutions such as modularity, digital displays with contextual advertising, EV charging stations, kiosks, and surveillance cameras. It also enables the deployment of Cellular MACRO, MINI-MACRO, and MOBILE EDGE sites enhanced with Smart City and IoT Solutions. Veea’s full-stack MEC middleware enables DePIN architecture, supporting Web3 protocols with cybersecure peer-to-peer networking, blockchain technology, and decentralized data storage. The partnership aims to optimize energy usage, minimize carbon footprint, and strive towards a Net Zero emissions goal for urban centers.

Key takeaways:

  • MARQUEE Wireless Inc. and Veea Inc. have announced a partnership to roll out a solution based on MARQUEE’s patented SMARTCELL™ platform supported by Veea’s Decentralized Physical Infrastructure Network (DePIN).
  • The partnership aims to accelerate the introduction of Multiaccess Edge Computing (MEC) solutions with Edge AI as an extension of cellular network infrastructure.
  • MARQUEE offers comprehensive, turnkey SMARTCELL deployments that extend cellular network coverage for mobile network operators with edge-cloud managed value-added services.
  • Veea’s full-stack MEC middleware enables DePIN architecture, supporting Web3 protocols with Veea’s vTBA™-based cybersecure peer-to-peer networking, blockchain technology, and decentralized data storage.
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