Shares of Veea Inc. (NASDAQ:VEEA) rallied 21.6% on Friday following the company's announcement of TerraFabric, a new control plane designed to automate and coordinate distributed edge computing environments operating across multi-vendor networks.
Veea describes TerraFabric as a management layer that enables organizations to run AI workloads, apply and maintain consistent policies, and carry out software lifecycle management across large fleets of edge devices. The company is offering the platform for early deployments both as a standalone control plane and as an integrated capability inside VeeaONE, Veea's existing edge computing platform.
According to Veea, TerraFabric is targeted at operational issues that arise as edge projects move beyond pilot phases into full production. The platform operates above existing infrastructure to provide a coordination layer that manages deployments at multiple levels - from entire fleets down to regions, sites, and individual devices.
Allen Salmasi, co-founder and CEO of Veea, said: "We have spent the last decade making multiaccess edge computing easier to deploy. We believe TerraFabric is about what comes next. Our customers are telling us that deployment is no longer the hard part. The challenge is coordinating dozens to hundreds of sites, keeping policies consistent, and maintaining uniform application of cybersecurity while rolling out changes without disruption."
For software lifecycle management, TerraFabric incorporates prpl LCM, an open-source engine that Veea notes is used to manage containerized applications across more than 12 million AT&T gateways. That capability allows operators to remotely deploy, update, pause, restart, and remove applications without altering underlying system firmware.
Veea says TerraFabric can be deployed as a standalone control plane across data centers, edge clusters, and Kubernetes environments, or embedded directly within the Veea Control Center. The company indicates the platform is currently available for pilot deployments.
Contextual note - The announcement and the share-price move underscore the operational emphasis Veea is placing on orchestration and lifecycle control as customers scale edge initiatives from pilots to production environments.