Veea (VEEA) partnered with Jakarta-based Inti Cakrawala Teknologi to provide wireless connectivity and asset-tracking services for ICT's mining and energy clients in Indonesia and Southeast Asia.
The first live installation is expected to start Sunday, New York-based Veea said Thursday in a statement.
Veea's network solution provide companies with the connectivity and internet infrastructure needed to operate in a remote environment, according to the statement.
Financial details weren't disclosed.
Shares of Veea jumped 28% in recent Thursday trading.
Price: 4.7150, Change: +1.0350, Percent Change: +28.1250
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