Datavault AI (NASDAQ: DVLT) announced it has executed a binding term sheet with Scilex Holding Company for a $120 million upfront cash contribution tied to a revenue participation agreement supporting the deployment of its quantum-ready, zero trust edge network. Under the terms, Scilex will receive a tiered share of network revenues until defined caps are met, while Datavault AI retains ownership and upside as it advances a nationwide rollout targeting 100 U.S. cities, with initial deployments expected in New York and Philadelphia in the second quarter of 2026 and scaled expansion planned over the next 36 months.
This significant capital infusion underscores the strategic importance of Datavault AI's network infrastructure, which is designed to enable secure, high-performance edge computing for applications such as digital twins, AI processing, and authentication of physical assets. The zero trust architecture and quantum-readiness position the network to address growing demands for data security and low-latency processing in industries including healthcare, fintech, and entertainment.
Datavault AI, headquartered in Philadelphia, PA, is a leader in AI experience, valuation, and monetization of assets in the Web 3.0 environment. Its cloud-based platform provides comprehensive solutions through its Acoustic Science and Data Science Divisions. The Acoustic Science Division features WiSA(R), ADIO(R) and Sumerian(R) patented technologies for spatial and multichannel wireless HD sound transmission. The Data Science Division leverages high-performance computing for experiential data perception, valuation and secure monetization, with the Information Data Exchange(R) (IDE) enabling digital twins and licensing of name, image, and likeness (NIL).
The deployment of the edge network is expected to accelerate Datavault AI's ability to offer its customizable technology suite, which includes AI and machine learning automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring. By expanding into 100 cities, the company aims to capture a significant share of the growing edge computing market, which is projected to reach billions in value over the coming years.
For more details on the announcement, visit the full press release at https://ibn.fm/66e9Y. Information about forward-looking statements and disclaimers can be found at http://IBN.fm/Disclaimer.
