Datavault AI (NASDAQ: DVLT) has executed a binding term sheet with Scilex Holding Company (NASDAQ: SCLX) for a $120 million upfront cash contribution tied to a revenue participation agreement. The funding supports the deployment of Datavault AI's 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. Initial deployments are expected in New York and Philadelphia in the second quarter of 2026, with scaled expansion planned over the next 36 months.
This announcement is significant as it provides Datavault AI with substantial capital to accelerate the deployment of its innovative network technology. The quantum-ready, zero trust edge network represents a next-generation infrastructure designed to offer enhanced security and performance for data processing at the edge. By partnering with Scilex, Datavault AI not only secures funding but also validates the commercial viability of its technology. The tiered revenue sharing model allows Scilex to participate in the network's upside while Datavault AI maintains control over the network's development and future revenue streams.
Datavault AI is a leader in AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides comprehensive solutions through its Acoustic Science and Data Science Divisions. The Acoustic Science Division features WiSA, ADIO, and Sumerian patented technologies, including foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science Division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization. Datavault AI’s platform serves multiple industries, including sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange (IDE) enables Digital Twins and licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects.
The partnership with Scilex is expected to catalyze Datavault AI's expansion plans. The company is headquartered in Philadelphia, PA, and the initial deployments in New York and Philadelphia align with its strategic focus. As the network scales to 100 U.S. cities, it could position Datavault AI as a key player in the edge computing and quantum-ready infrastructure market. Investors can find the latest news and updates relating to DVLT in the company’s newsroom at https://ibn.fm/DVLT. For more information on the partnership and technology, the full press release is available at https://ibn.fm/66e9Y.
