Realtek to Showcase Datavault AI's Acoustic Divisions WiSA E at Convergence India Expo, Featuring Solutions Supporting India's AI and Blockchain Initiatives
BEAVERTON, Ore., March 19, 2025--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT), a leader in AI-driven data experience, valuation, and monetization, today announced that Realtek will showcase a new set-top box software development kit (SDK) featuring WiSA E technology at the Convergence India Expo from March 19-21, 2025, at Hall 5, for the Set-Top Box Market E60.
Designed to provide a cost-effective and seamless way to integrate immersive wireless multichannel audio, Realtek's SDK highlights the power of WiSA E technology, delivering 5.1 spatial audio with zero added transmitter hardware cost. This breakthrough enables set-top box manufacturers to offer premium home entertainment experiences without increasing hardware expenses.
This collaboration between Datavault AI and Realtek comes at a time in India's digital transformation that aligns with the government's initiatives in AI, blockchain, and secure data management. The addition of Data Vault® and ADIO®, patented AI and blockchain solutions, positions Datavault AI for enterprise contracting and seamless integration into India's corporate, government, and transportation sectors. These advanced technologies offer innovative solutions in AI-driven data monetization, blockchain-based security, and intelligent engagement systems, making them ideal for large-scale infrastructure projects, telecom providers, smart cities, and financial institutions.
Transforming India's Digital Ecosystem with Secure AI and Blockchain Solutions
As Prime Minister Narendra Modi emphasized, "AI is writing the code for humanity in this century. We must develop open-source systems that enhance trust and transparency, build quality data centers free from biases, and democratize technology to create people-centric applications." 1Datavault AI's Web 3.0-based solutions, including Data Vault® and ADIO®, are built precisely to support India's AI-driven economy by enabling businesses and governments to securely analyze and monetize data at scale without increasing cybersecurity burdens.
Expanding Market Opportunities in India
India's AI and blockchain integration strategy is rapidly gaining momentum across industries such as telecommunications, entertainment, finance, and smart infrastructure. The addition of Data Vault® and ADIO® allows Indian-based corporations and government entities to harness cutting-edge AI-powered data solutions to drive economic growth, cybersecurity, and next-generation content engagement.
Prime Minister Modi recently stated, "Artificial intelligence, machine learning, Internet of Things, blockchain, and big data hold potential to take India to new heights of development and improve the quality of life of its citizens. 2" Datavault AI and Realtek are at the forefront of this technology revolution, providing solutions that integrate seamlessly into India's evolving tech landscape.
"WiSA E technology enables manufacturers to seamlessly integrate multichannel immersive audio into set-top boxes, unlocking a richer entertainment experience for consumers while maintaining a low-cost transmission, semiconductor and hardware profile," said Nate Bradley, CEO of Datavault AI. "Beyond just audio, this capability is part of Datavault AI's broader vision—where experiences and data merge through our cloud-based Web 3.0 platform, enabling new end-user engagement and data monetization opportunities."
Impact on the Market
The AI market in India is projected to reach approximately $17 billion by 2027, growing at a compound annual growth rate (CAGR) of 25-35% between 2024 and 20273. The set-top box industry is projected to reach $33.56 billion by 2034, growing at a 6.3% CAGR4, while the wireless audio market is expected to expand from $56.5 billion in 2024 to $70.9 billion by 20295, reflecting the increasing demand for wireless entertainment solutions. By enabling WiSA E functionality in set-top boxes, Datavault AI not only expands its installed base but also unlocks new revenue streams through licensing and advanced features, such as ADIO inaudible tone technology, which adds additional value to both end users and set-top box manufacturers.
Experience the Demonstration at Convergence India Expo
Attendees can experience Realtek's WiSA E-enabled SDK demonstration at the Convergence India Expo, Booth: Hall 5, E60, from March 19-21, 2025.
For more information on WiSA E-enabled demonstrations, please contact:Tony Parker, U.S.A. VP of Business Development & Strategy – tparker@wisatechnologies.com James Cheng, PhD, VP Worldwide Sales – james@vault.email
About Datavault AI Inc.
Datavault AI1, (Nasdaq: DVLT) is leading the way in AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry first 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 the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at www.dvlt.ai
Cautionary Note Regarding Forward-Looking Statements
This press release of Datavault AI contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, include, among others, the Company's expectations with respect to the strategic business and intellectual property agreements (the "Agreements"), including statements regarding the benefits of the Agreements, the implied valuation of the Company, the products offered by the Company and the markets in which it operates, and the Company's projected future results and market opportunities, as well as information with respect to Datavault AI's future operating results and business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting Datavault AI's business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, Datavault AI's ability to continue as a going concern, Datavault AI's ability to maintain the listing of its common stock on Nasdaq, Datavault AI's ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, Datavault AI's ability to predict its rate of growth, Datavault AI's ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting Datavault AI's customers' end markets, Datavault AI's ability to hire, retain and motivate employees, the effects of competition on Datavault AI's business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, and potential harm caused by software defects, computer viruses and development delays, (ii) risks related to Datavault AI's ability to realize some or all of the anticipated benefits from the Agreements, any risks that may adversely affect the business, financial condition and results of operations of Datavault AI after the completion of the Agreements, including but not limited to cybersecurity risks, the potential for AI design and usage errors, risks related to regulatory compliance and costs, potential harm caused by data privacy breaches, digital business interruption and geopolitical risks, and (iii) other risks as set forth from time to time in Datavault AI's filings with the U.S. Securities and Exchange Commission. The information in this press release is as of the date hereof and the Company undertakes no obligation to update such information unless required to do so by law. The reader is cautioned not to place under reliance on forward looking statements. The Company does not give any assurance that the Company will achieve its expectations.
Opening Address at the AI Action Summit in Paris, February 10, 2025 (via Press Information Bureau, pib.gov.in).
Global Set-Top Box (STB) Market Overview Source: https://www.marketresearchfuture.com/reports/set-top-box-market-4597
Nasscom and Boston Consulting Group. India's AI Market Projected to Reach $17 Billion by 2027. Reuters, 20 Feb. 2024, https://www.reuters.com/technology/indias-ai-market-seen-touching-17-bln-by-2027-notes-nasscom-bcg-report-2024-02-20/?utm_source=chatgpt.com.
Wireless Audio Device Market Size, Share and Trends: https://www.marketsandmarkets.com/Market-Reports/wireless-audio-device-market-1275.html
Speech at the launch of the World Economic Forum's Centre for the Fourth Industrial Revolution in Mumbai, October 11, 2018 (via gadgets360.com and blockchain-council.org).
View source version on businesswire.com: https://www.businesswire.com/news/home/20250319073768/en/
Contacts
Investor and Media ContactsInvestors: David Barnard, Alliance Advisors Investor Relations(415) 433-3777datavaultinvestors@allianceadvisors.com Media Inquiries: Sonia Choi(844) DATA-400sonia@vault.email
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