Veea shares are trading higher after the company announced a partnership with Inti Cakrawala Teknologi to provide advanced wireless connectivity and asset-tracking solutions for mining operations in Southeast Asia.
Portfolio Pulse from Benzinga Newsdesk
Veea's stock is rising following its partnership with Inti Cakrawala Teknologi to deliver wireless connectivity and asset-tracking solutions for mining in Southeast Asia.
October 17, 2024 | 1:54 pm
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Veea's stock is experiencing an uptick due to a new partnership with Inti Cakrawala Teknologi, aimed at providing advanced wireless connectivity and asset-tracking solutions for mining operations in Southeast Asia.
The partnership with Inti Cakrawala Teknologi is a strategic move for Veea, expanding its market reach in Southeast Asia's mining industry. This development is likely to enhance Veea's revenue potential and market presence, positively impacting its stock price in the short term.
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