Latest news with #ADIO®
Business Wire
4 days ago
- Business
- Business Wire
Datavault AI Inks Strategic Licensing Agreement with GFT Rewards for ADIO-Enabled Mobile Rewards with Expected Revenue in Q3'25
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), a leader in AI-driven data experience, valuation and monetization, today announced a strategic licensing agreement with GFT Rewards to deploy ADIO®-enabled, Web 3 mobile rewards across major distribution channels from airports and retail chains to movie exhibitors, college campuses and Ride-Hailing networks. GFT Rewards is a pioneer in web 3 promotions and rewards, transforming how shoppers discover and redeem offers across mass diverse distribution channels from grocery stores, stadiums and movie theatres, to college campuses and Ride-Hailing Networks. By partnering with major brands like T-Mobile, Kroger, Toshiba, Marvel and others, GFT Rewards reinvented reward creation, distribution, redemption and reimbursements, making it frictionless and profitable for retailers to hyper-scale, target and personalize their rewards and loyalty platforms, while making it easier and much more abundant for consumers to engage and reap the benefits. In its latest initiative, GFT Rewards has teamed up with Datavault AI and ADIO® to set a new standard for programmatic reward distribution, from coupons and rebates to web 3, tokenized loyalty incentives. Leveraging ADIO's patented inaudible-tone technology, this collaboration enables retailers and brands to deliver cash-redeemable or tokenized loyalty offers directly to consumers' mobile devices. Under the terms of the agreement, Datavault AI will receive a fee for every reward redemption managed and redeemed through GFT's platform with ADIO. Datavault AI has licensed its proprietary audio-based ADIO® solution to GFT Rewards to trigger secure mobile reward redemptions through ultrasonic tones embedded in advertisements and digital media. These rewards are instantly redeemed at the point of sale, offering real-time incentives to shoppers. GFT Rewards will utilize its GFT Cash App to execute revenue-share payments to partners with AI analytics and redemption reporting built into its dashboard. 'Retailers are experiencing a growing demand for frictionless, instant savings and rewards tied to digital ads and proximity triggers,' said Jonas Hudson, Co-CEO of GFT Rewards. 'This partnership combines our financial infrastructure and marketplace with Datavault AI's ultra-targeted, tone-based ad delivery system to enable the next generation in Web 3 rewards, sales and ROI for brands, distributors and IP.' The global mobile coupon market continues its rapid ascent. Valued at $603.3 billion in 2023, the market is projected to reach $1.6 trillion by 2030, reflecting accelerating digital adoption and evolving shopping habits among global consumers. ( 'These numbers show that while coupons are ubiquitous, their impact lies in how strategically they are delivered and redeemed,' said Jonas Hudson, Co-CEO of GFT Rewards. 'Brands that optimize their loyalty and incentive strategies—particularly via mobile—stand to gain significant consumer engagement and revenue lift.' As shoppers increasingly expect instant, low-friction experiences, retailers and brands are moving toward technologies that enable real-time engagement, automated delivery and seamless integration within everyday media. This shift is fueling demand for promotions that can be activated passively, in the moment and in response to media exposure—precisely the type of delivery model ADIO® supports. Unlike legacy solutions reliant on barcodes or QR codes, ADIO® operates via encrypted, high-frequency tones that can be layered into any audio environment—streaming services, television broadcasts, retail PA systems or social video. The technology enables fully passive activation, with coupons appearing as notifications or digital wallet entries the moment the tone is detected. 'By integrating ADIO® technology into the cash ecosystem of GFT, we're giving advertisers a way to turn impressions into transactions instantly,' said Nathaniel Bradley, CEO of Datavault AI. 'ADIO® is an ideal solution for this kind of performance marketing, and we expect significant velocity in adoption as retailers and brands look to reduce friction in the promotional funnel. GFT's system is already rolling out across select banners with national reach, and we anticipate this model becoming a standard for performance-based in-store media.' The agreement expands Datavault AI's channel access in key sectors, including consumer packaged goods (CPG), fast-moving consumer goods (FMCG) and high-volume grocery retail, all of which are facing increased pressure to demonstrate ROI on every promotional dollar. The ADIO® + GFT Rewards software delivers SKU-level tracking, geo-anchored performance reporting and immediate economic attribution, creating a new standard for coupon campaign accountability. 'Our mission is to make every touchpoint actionable,' continued Nathaniel Bradley. 'This partnership delivers on that goal - bridging content, location and purchase in one seamless loop. Retailers benefit from increased footfall and basket size, while consumers experience real value without extra steps and friction.' The licensing deal with GFT Rewards positions Datavault AI at the center of a rapidly modernizing retail marketing environment. As legacy couponing continues to decline and media fragmentation grows, ADIO® promises a path forward for brands seeking to integrate promotional spend with content strategy and real-world sales outcomes. The technology also opens new monetization avenues for media owners, streaming platforms and retail audio networks. 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 multichannel 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 agentic platform serves multiple industries through patented DataValue®, DataScore® and Data Vault Bank®, 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. More about Datavault AI at About GFT Rewards GFT Rewards, LLC is a 'Rewards as a Service' (RaaS) software company which enables retailers, brands and intellectual property owners to distribute, redeem and reconcile rewards and promotions. GFT Rewards focus on creating, distributing, redeeming and reconciling rewards, enabling businesses to engage customers and incentivize desired behaviors effectively. The GFT Rewards platform supports seamless management of reward campaigns, offering a comprehensive service that covers the entire lifecycle of rewards distribution and redemption and loyalty rewards like Chilis (CHI) and other Web 3 rewards. Based in Las Vegas, Nevada, GFT Rewards aims to facilitate innovative reward experiences for companies looking to enhance customer loyalty and drive growth. Learn more at Forward Looking Statements Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. 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 various risks and uncertainties including, but not limited to, the following: our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law. 1 Formerly known as WiSA Technologies, Inc. Expand
Business Wire
22-05-2025
- Business
- Business Wire
Datavault AI CEO Nathaniel Bradley to Speak at Beyond Expo 2025 on AI Agents and NIL Monetization
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), leading the way in AI data experience, valuation and monetization, today announced that its Chief Executive Officer Nathaniel Bradley will speak at Beyond Expo 2025 in Macau, China, on May 24. The conference, often referred to as the CES of Asia, is Asia's leading consumer technology innovation conference and convenes senior executives and decision-makers from leading technology companies, enterprises and investment firms. Mr. Bradley will participate in the Sports Technology panel taking place at 10:30 am local time, focusing on how Datavault AI is leveraging its patented AI-powered tools like ADIO® and DVHOLO™'s live audience engagement technology and converting athlete NIL data into secure, revenue-generating assets through its VerifyU™ system that allows for real-time NIL token minting and secure monetization through its Information Data Exchange® (IDE). According to the latest Opendorse report, the NIL market is forecast to exceed $2.55 billion by mid-2026 1, fueled by athlete-led asset creation, commercial licensing and performance-based compensation systems. With over 150,000 transactions analyzed across the NCAA ecosystem, the trend highlights a shift toward digital NIL activations where tokenization, automated valuation and resale royalties are increasingly driving revenue. 'Brands and platforms capable of managing NIL rights with speed, transparency and scale are now becoming central to how athletic departments and collectives approach long-term monetization,' commented Mr. Bradley. At Beyond Expo, Mr. Bradley will spotlight how Datavault AI's patented platform is enabling scalable NIL monetization. Through its VerifyU™ system, the company supports real-time NIL token minting tied to performance and credentialed data, and now can use this infrastructure to issue NIL tokens backed by academic records, athletic stats and smart contract governance. The ability to mint digital trophies and memorabilia with built-in royalty. Beyond NIL, Datavault AI's ADIO® and DVHOLO™ technologies have been deployed at high-profile events, including NFL Alumni programs during Draft Week and Super Bowl activations, where they delivered real-time audience interaction, health messaging and content access through inaudible mobile triggers. 'The global NIL market has matured rapidly, but the infrastructure behind it hasn't kept pace,' Mr. Bradley said. 'We've created the engine that turns athlete data into trackable, monetizable assets with built-in compliance, dynamic valuation and cross-platform portability. At Beyond Expo, we'll show how this infrastructure is already in use and generating tangible returns.' Datavault AI's model departs from traditional NIL marketplaces by offering athletes, institutions and sponsors access to a complete monetization stack: valuation engines, minting utilities, smart contract automation and a compliant resale environment. With its patented tokenomics and licensing framework, the company enables long-tail NIL monetization without dependency on donor collectives or third-party agents. Datavault AI is building essential infrastructure for the NIL economy, with active deployments across Division I athletics, youth development programs and media-led marketplaces. Its platform supports performance valuation, royalty automation, tokenized credentials and compliant resale—all within a single system built to convert athlete data and audience interaction into license-based and transactional revenue. Beyond Expo brings together stakeholders aligned with Datavault AI's technology, making it a strategic venue to show how these systems are being applied to commercial use across sports and entertainment. About Datavault AI Inc. Datavault AI 2 (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 multichannel 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 agentic platform serves multiple industries through patented DataValue®, DataScore® and Data Vault Bank®, 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 About Beyond Expo The BEYOND International Technology Innovation Expo (BEYOND EXPO) is Asia's premier technology platform dedicated to "Empowering Asia, Bridging the World." Since its inception in 2021, BEYOND EXPO has not only highlighted groundbreaking innovations but has also served as a catalyst for driving industry-wide transformation across the region and beyond. Drawing participation from Fortune 500 companies, global enterprises, unicorns and high-potential startups, BEYOND EXPO fosters an environment where ideas flourish, partnerships form and industries evolve. With a dynamic blend of expos, summits and exclusive engagements, BEYOND EXPO shapes the future of technology by creating a thriving ecosystem that accelerates innovation throughout Asia and beyond. Learn more at Forward Looking Statements Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. 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 various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law. 2 Formerly known as WiSA Technologies, Inc.
Business Wire
15-05-2025
- Business
- Business Wire
Datavault AI Reports First Quarter 2025 Results; Eyes Transformational Growth Ahead
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT), a leader in AI-driven data experience, valuation and monetization, reported first quarter 2025 financial results in its Form 10-Q, which was filed on May 14, 2025. The Company reaffirmed its 2026 revenue target of $40 million to $50 million and anticipates $12 million to $15 million in revenue in the second half of 2025. In addition, the Company expects close of its acquisition of CompuSystems, Inc. (CSI) during the week of May 19, 2025. 'We continue to build momentum around our core data monetization technologies with key partnerships and commercial breakthroughs,' said Nathaniel T. Bradley, CEO of Datavault AI. 'While the first quarter results reflect deliberate, investment-heavy execution, our operational pipeline and the pending CSI acquisition position us to begin unlocking meaningful, high-margin revenue in the second half of this year with accelerating growth in 2026.' Strategic & Commercial Highlights CSI Acquisition Closing: Shareholders approved the acquisition of CSI; closing is expected the week of May 19. The transaction is expected to drive revenue expectations in the second half of 2025 and position DVLT to scale faster. IBM's Partner Plus: Joined this program that will enhance AI-driven data monetization and leverage IBM watsonx™ to improve Datavault's AI agents and integrates with CLEAR for identity verification. ADIO® license to NYIAX: The Company's patented ADIO® technology was licensed to NYIAX, introducing ultrasonic advertising that delivers data over sound, aiming to revolutionize digital advertising with a privacy-first approach. Collaboration with Kove IO: Announced a secure, tokenized data vending solution at IBM Think 2025. The platform integrates Kove's software-defined memory with Datavault's Data Vault®, enabling real-time, encrypted data transactions without moving raw data. Deal with the NFL Alumni Association: Furthered the Company's VerifyU commercialization strategy through a 3-year deal with the NFL Alumni Association to mint immutable tokens for NFL alumni, enhancing access to benefits and creating new revenue streams Brand Visibility: Featured at IBM Think 2025, CES, and the White House Historical Association, highlighting breakthrough applications in secure data vending, ultrasonic advertising, and digital identity. Investor Conference Call on May 20, 2025 Datavault will host an investor call to review business progress and discuss the CSI acquisition: Date: Tuesday, May 20, 2025 Time: 9:00 AM ET Webcast & Presentation: Dial-in: 1-833-366-1124 (US), 1-412-317-0702 (Intl) Replay Available: Webcast replay will be available approximately one hour after the end of the call and will be available for 90 days, at the above webcast link. A telephonic replay will be available through May 27, 2025, and may be accessed by calling 1- 877-344-7529 (US) or 1-412-317-0088 (Intl) and using access code 8794302. About Datavault AI Inc. Datavault AI Inc. (Nasdaq: DVLT) is a next-generation data licensing and monetization company. Its patented platform empowers secure data valuation, exchange, and AI-driven monetization—enabling businesses and creators to unlock the true value of their data assets across cloud, Web 3.0, and experiential computing landscapes. Learn more at: Forward Looking Statements Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. 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 various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Business Wire
28-04-2025
- Business
- Business Wire
NFL Alumni Health Taps Datavault AI's ADIO® for Health-Focused and Interactive Web 3.0 Activations During Draft Week Event
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), leading the way in AI data experience, valuation and monetization, announces its continued collaboration with NFL Alumni Health at the organization's 16th Annual Draft Week event on April 24, 2025. The initiative featured Datavault AI's patented ADIO® tone technology in two unique capacities: delivering interactive tones in sync with the top draft picks during the official watch party and sending geo-targeted health messages across the broader event to raise awareness around cardiovascular risks facing former athletes. As each selection was made, attendees received inaudible tones tied to that athlete's announcement, delivering player-specific information and showcasing how ADIO® can enable interactive fan experiences directly from key event moments. This demonstration highlighted the potential of tone-triggered engagement to deepen audience connection without requiring screens or manual input—marking a shift toward seamless, ambient interaction in the Web 3.0 environment. In parallel, ADIO® delivered discreet, opt-in tones across the venue that linked directly to cardiovascular health education curated by NFL Alumni Health—providing a non-intrusive way to deliver critical resources during one of the year's most watched sporting occasions. 'NFL Alumni Health is committed to innovating how we engage players and the public on issues like heart health,' said Billy Davis, two-time Super Bowl champion and co-director of NFL Alumni Health. 'ADIO® offers a direct line to attendees in a way that's immediate and unobtrusive—exactly the kind of technology we need to elevate the reach and resonance of our mission.' 'Datavault AI is setting a benchmark for AI-powered audience engagement with ADIO®, particularly in high-visibility events where real-time interaction matters most. As adoption grows across sports, healthcare and live entertainment, this technology is rapidly proving its value,' said Nathaniel Bradley, CEO of Datavault AI. 'Deployments at marquee events like NFL Draft Week further validate our position in the market, demonstrating how AI-driven engagement can deliver both immediate impact and scalable long-term monetization opportunities.' Cardiovascular disease remains a critical issue among former NFL players, with studies showing significantly higher health risks compared to the general population. Research published in the Journal of the American College of Cardiology found that 89.8% of retired NFL athletes suffer from hypertension, yet only 37.5% are aware of their condition. 1 In large-scale event environments, audience engagement often drops off sharply without compelling, interactive elements. ADIO® addresses both challenges—enabling dynamic health messaging without reliance on visual or manual prompts while simultaneously demonstrating how key event milestones can anchor Web 3.0 monetization. Datavault AI's ADIO® tone system is engineered to operate across mobile, broadcast, streaming and in-venue environments. It embeds metadata into high-frequency, inaudible signals that can be programmed for numerous outcomes—ranging from in-event polling to digital asset unlocks. This dual utility aligns with Web 3.0's decentralization ethos: giving users control while enabling institutions to quantify engagement and generate authenticated data yield in real time. ADIO® continues to gain momentum across major sporting and entertainment venues where attention windows are narrow and digital fatigue is high. Its ability to deliver programmable tones that don't interrupt the user experience positions it as a next-generation solution for both brand activation and cause-driven communication. With ADIO®, fan interaction becomes a touchpoint that's trackable, secure and tied directly to monetizable endpoints. As demand for interactive engagement surges, AI-powered tools are emerging as indispensable assets for organizations aiming to maximize audience connection. 'This event presents a compelling opportunity to merge Datavault AI's technology with a mission that directly impacts former players and their communities,' said Sonia Choi, CMO at Datavault AI. 'ADIO® is making it possible to deliver critical health information in ways that encourage not just awareness but participation.' Datavault AI's collaboration with NFL Alumni Health demonstrates how innovative technologies can change audience interaction at major live events. The partnership with NFL Alumni Health on the Draft Week stage exemplifies the impact and potential of technologies like ADIO®, which continues to create new opportunities for monetization and strategic partnerships. About Datavault AI Inc. Datavault AI 2 (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 About NFL Alumni Health NFL Alumni Health is a nonprofit organization dedicated to improving the health and wellness of former professional football players, their families and the communities they serve. Through advocacy, education and partnerships with leading healthcare organizations, NFL Alumni Health addresses critical public health issues and promotes innovative solutions that enhance well-being. By leveraging the influence of NFL legends, the organization fosters impactful community engagement initiatives, including health screenings, educational symposiums and national awareness campaigns. For more information, visit About Green Bay Draft Party The Green Bay Draft Party, hosted by the NFL Alumni, is a prominent event that brings together sports fans, entertainers, businesses and local and national celebrities to celebrate sports and the city of Green Bay, WI. The event raises funds for the Student Athlete Scholarship Fund, supporting local student-athletes in their pursuit of higher education. Learn more Green Bay – NFL Alumni. Forward Looking Statements Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. 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 various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Yahoo
19-03-2025
- Business
- Yahoo
Realtek to Showcase Datavault AI's Acoustic Divisions WiSA E at Convergence India Expo, Featuring Solutions Supporting India's AI and Blockchain Initiatives
Realtek and WiSA E to Demonstrate a SDK for the Set-Top Box Market Enabling Turnkey Multichannel Audio Powered by WiSA E and Realtek 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@ James Cheng, PhD, VP Worldwide Sales – james@ 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 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, Global Set-Top Box (STB) Market Overview Source: Nasscom and Boston Consulting Group. India's AI Market Projected to Reach $17 Billion by 2027. Reuters, 20 Feb. 2024, Wireless Audio Device Market Size, Share and Trends: Speech at the launch of the World Economic Forum's Centre for the Fourth Industrial Revolution in Mumbai, October 11, 2018 (via and View source version on Contacts Investor and Media ContactsInvestors: David Barnard, Alliance Advisors Investor Relations(415) 433-3777datavaultinvestors@ Media Inquiries: Sonia Choi(844) DATA-400sonia@ Sign in to access your portfolio
