Latest news with #WiSA
Yahoo
02-06-2025
- Business
- Yahoo
Datavault AI to Participate in the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow" Virtual Conference Presented by Maxim Group LLC on Tuesday, June 3 – Thursday, June 5 at 9:00 a.m. EDT
Company fireside chat on June 4, at 1:00 p.m. EDT BEAVERTON, Ore., June 02, 2025--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), leading the way in AI data experience, valuation and monetization, announced today that CEO Nathaniel Bradley has been invited to present at the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow," presented by Maxim Group LLC, on Tuesday, June 3 – Thursday, June 5 at 9:00 a.m. EDT. June 4, 1:00 p.m. EDT: Fireside chat with Nate Bradley, CEO Datavault AIRegister for the conference here Datavault AI will be taking part in the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow." The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & entertainment, and more. In Maxim's 2025 Virtual Tech Conference, we will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of diverse companies who have their attention on technology and how it will impact and grow their business. This conference will be live on M-Vest. To attend, sign up to become an M-Vest member. Click here to learn more and reserve your seat 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. Learn more about Datavault AI at About Maxim Group LLC Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit 1Formerly known as WiSA Technologies, Inc. View source version on Contacts Investor Contact datavaultinvestors@ Sign in to access your portfolio
Business Wire
20-05-2025
- Business
- Business Wire
Datavault AI Finalizes Strategic Acquisition of CompuSystems, Inc. Assets
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT) (the 'Company' and 'Datavault AI'), a leader in AI-driven data experience, valuation and monetization, announced it expects to finalize the strategic acquisition of CompuSystems, Inc. (CSI) assets today, May 20, 2025. In alignment with this milestone, the Company will host a business update call at 9:00 AM ET, as previously announced. 'The closing of the CSI acquisition will mark a pivotal step in Datavault AI's growth strategy,' said Nathaniel Bradley, CEO of Datavault AI. 'Since the deal's announcement, we have begun client outreach, positioning the business for strong growth. We are focused on monetizing the historical, present and future data of CSI along with transitioning the entire company to scalable, repeatable and customer first solutions. Leveraging our patented suite of Web 3.0 technologies is paramount, and we are strengthening our team with an infusion of talent and event expertise that will provide us with a stable base of clientele, events and deal flow. By using our technologies inside meaningful and highly efficacious deployments and events with CSI, our AI and machine learning will also improve. Data Vault events will expand our revenue generation in a way that we can automate, replicate and scale. Our IBM watsonx TM -powered AI platform and our Datavault AI agents will improve our customers' satisfaction, revenue generation and spend with Datavault AI in coveted sports, entertainment and venue markets. We've begun to apply our patented technologies of Data Vault, Adio, and WiSA towards exploiting these markets, and we expect to benefit from the technical capabilities that afford us a competitive advantage in managing events.' 'We anticipate CSI will deliver solid revenue in 2025, comprising the majority of our 2H 2025 revenue target of $12 million to $15 million. Building on this momentum in 2026, the acquisition is expected to account for $15 million to $20 million of our target $40 million to $50 million in total revenue next year driven from a combination of DVHOLO, Adio, WiSA and Data Vault licensing and sales on our patented Information Data Exchange. I look forward to sharing more details and a broader business update during our investor call today,' added Bradley. In conjunction with the closing, Datavault will name John Mark LoGiurato as President of the CSI Division of Datavault AI (the 'CSI Division'). On May 20, 2025, in connection with Mr. LoGiurato's appointment as President of the CSI Division, Mr. LoGiurato will be granted 500,000 units of restricted stock of Datavault AI (the 'Units') as an inducement material to Mr. LoGuirato's entering into employment with the Company. The Units were approved by the board of directors of the Company and granted outside of the Company's 2020 Stock Incentive Plan and 2018 Long-Term Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with the award of Units, Mr. LoGiurato and the Company have entered into an Inducement Award Agreement for the Units, which agreement contemplates half of the Units vesting in equal 3-month installments over a 36-month period beginning June 20, 2025, and the other half of the Units vesting upon the CSI Division obtaining aggregate revenue equaling or exceeding $25 million over any trailing 12 calendar month period ending on or prior to the date that is 5 years from the grant date. Datavault AI expects to complete the final steps outlined in the amended asset purchase agreement with CSI today. Following the transaction, CSI's assets and operations will be fully integrated into Datavault AI's business. Investor Conference Call on May 20, 2025 Datavault will host an investor call to review business progress and discuss the CSI asset 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: About CompuSystems, Inc. CSI is a premier provider of registration, data analytics, and lead management services for live events, offering cutting-edge solutions and unparalleled customer support to clients in the trade, association, corporate, and government event markets. With a strong focus on innovation, customer service, and sustainability, CSI is dedicated to delivering exceptional event experiences for clients and their attendees. Learn more about CSI here. 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.
Yahoo
20-05-2025
- Business
- Yahoo
Datavault AI Finalizes Strategic Acquisition of CompuSystems, Inc. Assets
Acquisition expected to drive 2H 2025 revenue and contribute $15 million to $20 million to 2026 revenue target and growth opportunities for both acoustic and data divisions Business update call today, May 20, 2025, at 9:00 AM ET BEAVERTON, Ore., May 20, 2025--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT) (the "Company" and "Datavault AI"), a leader in AI-driven data experience, valuation and monetization, announced it expects to finalize the strategic acquisition of CompuSystems, Inc. (CSI) assets today, May 20, 2025. In alignment with this milestone, the Company will host a business update call at 9:00 AM ET, as previously announced. "The closing of the CSI acquisition will mark a pivotal step in Datavault AI's growth strategy," said Nathaniel Bradley, CEO of Datavault AI. "Since the deal's announcement, we have begun client outreach, positioning the business for strong growth. We are focused on monetizing the historical, present and future data of CSI along with transitioning the entire company to scalable, repeatable and customer first solutions. Leveraging our patented suite of Web 3.0 technologies is paramount, and we are strengthening our team with an infusion of talent and event expertise that will provide us with a stable base of clientele, events and deal flow. By using our technologies inside meaningful and highly efficacious deployments and events with CSI, our AI and machine learning will also improve. Data Vault events will expand our revenue generation in a way that we can automate, replicate and scale. Our IBM watsonxTM-powered AI platform and our Datavault AI agents will improve our customers' satisfaction, revenue generation and spend with Datavault AI in coveted sports, entertainment and venue markets. We've begun to apply our patented technologies of Data Vault, Adio, and WiSA towards exploiting these markets, and we expect to benefit from the technical capabilities that afford us a competitive advantage in managing events." "We anticipate CSI will deliver solid revenue in 2025, comprising the majority of our 2H 2025 revenue target of $12 million to $15 million. Building on this momentum in 2026, the acquisition is expected to account for $15 million to $20 million of our target $40 million to $50 million in total revenue next year driven from a combination of DVHOLO, Adio, WiSA and Data Vault licensing and sales on our patented Information Data Exchange. I look forward to sharing more details and a broader business update during our investor call today," added Bradley. In conjunction with the closing, Datavault will name John Mark LoGiurato as President of the CSI Division of Datavault AI (the "CSI Division"). On May 20, 2025, in connection with Mr. LoGiurato's appointment as President of the CSI Division, Mr. LoGiurato will be granted 500,000 units of restricted stock of Datavault AI (the "Units") as an inducement material to Mr. LoGuirato's entering into employment with the Company. The Units were approved by the board of directors of the Company and granted outside of the Company's 2020 Stock Incentive Plan and 2018 Long-Term Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with the award of Units, Mr. LoGiurato and the Company have entered into an Inducement Award Agreement for the Units, which agreement contemplates half of the Units vesting in equal 3-month installments over a 36-month period beginning June 20, 2025, and the other half of the Units vesting upon the CSI Division obtaining aggregate revenue equaling or exceeding $25 million over any trailing 12 calendar month period ending on or prior to the date that is 5 years from the grant date. Datavault AI expects to complete the final steps outlined in the amended asset purchase agreement with CSI today. Following the transaction, CSI's assets and operations will be fully integrated into Datavault AI's business. Investor Conference Call on May 20, 2025 Datavault will host an investor call to review business progress and discuss the CSI asset acquisition: Date: Tuesday, May 20, 2025Time: 9:00 AM ETWebcast & 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: About CompuSystems, Inc. CSI is a premier provider of registration, data analytics, and lead management services for live events, offering cutting-edge solutions and unparalleled customer support to clients in the trade, association, corporate, and government event markets. With a strong focus on innovation, customer service, and sustainability, CSI is dedicated to delivering exceptional event experiences for clients and their attendees. Learn more about CSI here. 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. View source version on Contacts Investors: datavaultinvestors@
Yahoo
07-03-2025
- Business
- Yahoo
The Platin wireless stereo system with Dolby Atmos is 15% off from Amazon
This article contains affiliate links; if you click such a link and make a purchase, Digital Trends and Yahoo Inc. may earn a commission. If Bluetooth speaker deals and soundbar deals aren't enough for you to get your premium audio fix, it might be time to invest in something more powerful. You may want to go for the Platin Monaco 5.1.2 wireless home theater system, which is on sale from Amazon with a 15% discount that brings its price down to $849 from $999 originally. It's still pretty expensive, but you won't regret making this purchase, especially if you hurry so you can make sure to pocket the savings of $150. Buy Now The Platin Monaco 5.1.2 wireless home theater system and the best soundbars will let you enjoy the benefits of Dolby Atmos surround sound, but the most important difference with the Platin Monaco 5.1.2 wireless home theater system is right there in it's name — it's wireless through the use of WiSA technology. The bundle comes with four satellite speakers featuring two up-firing speakers, a center speaker, and a wireless subwoofer — all of which you have total freedom to place anywhere in your living room as the included WiSA SoundSend module that acts as a hybrid of an A/V receiver and a wireless transmitter. Unlike soundbars that connect speakers and subwoofers with cables, all you need for the Platin Monaco 5.1.2 wireless home theater system are power outlets near the components themselves. It may look intimidating, but setting up the Platin Monaco 5.1.2 wireless home theater system is actually pretty simple. Just plug in everything, connect the WiSA SoundSend module to your TV through the HDMI ARC/eARC port, and the module will locate and connect to the speakers automatically. Once everything's up and running, you can control the system's settings through your TV's remote, or make deeper adjustments through the WiSA app. For those who are willing to spend a significant amount of cash on their audio setup, you should definitely consider the Platin Monaco 5.1.2 wireless home theater system, especially now that it's available from Amazon at 15% off. You'll only have to pay $849 instead of $999 for the bundle, for a $150 discount that ensures even more value out of this purchase. The offer may disappear as soon as tomorrow though, so if you want the Platin Monaco 5.1.2 wireless home theater system in your living room for a lower price than usual, you should push through with the transaction for it as soon as possible. Buy Now
Associated Press
12-02-2025
- Business
- Associated Press
Datavault AI Signs Interoperability License Agreement with Dolby
WiSA Technologies, Inc. (Nasdaq: WISA), soon to be doing business as Datavault ® AI, today announced a new interoperability license agreement with Dolby. This agreement allows Datavault AI to collaborate directly with system-on-chip (SoC) providers to integrate its patented WiSA E Express multichannel wireless audio software into Android and future Linux-based streaming A/V platforms. This press release features multimedia. View the full release here: Enhancing Wireless Audio for Consumer Electronics WiSA E Express is a breakthrough solution designed to eliminate bill of material (BOM) costs for SoC platforms, making it a cost-effective option for brands developing audio-deficient TVs, set-top boxes (STBs), projectors, and other consumer electronics. By leveraging standardized Dolby configurations, WiSA E Express significantly reduces integration time from twelve months to just two months, dramatically accelerating time to market for manufacturers. 'WiSA E Express was created to simplify wireless audio and address the long-standing issue of poor sound quality in TVs and STBs,' said Tony Parker, VP of Business Development and Strategy at WiSA Technologies. 'We've solved major industry challenges, including ensuring robust performance over existing Wi-Fi connections, while introducing a lower-cost activation model that meets consumer demand.' Seamless Integration and Consumer Benefits With this interoperability agreement, brands can now license WiSA E Express through a SoC vendor's software development kit (SDK) for seamless customer activation. Consumers using Android-based systems will be able to download WiSA's dedicated app from the Google Play Store, unlocking a range of powerful features, including: Predefined Dolby audio configurations for optimized sound performance Automatic discovery of WiSA-enabled products Step-by-step product registration and setup assistance Access to software updates and future enhancements WiSA's commitment to interoperability ensures that consumers will have access to a broad range of WiSA-compatible speakers, enabling a high-quality, seamless multichannel audio experience across devices. Wireless Audio Market Growth and Opportunity According to Verified Market Reports, the global wireless audio device market was valued at $71.3 billion in 2023 and is projected to reach $154.3 billion by 2030, growing at a CAGR of 17.3% 1. This rapid growth is driven by increasing consumer demand for high-quality, cable-free sound solutions across home entertainment, smart devices, and gaming applications. The market expansion is further fueled by the rise of smart TVs, home theater systems, and wireless speaker ecosystems, along with advancements in Wi-Fi and Bluetooth-based audio transmission technologies. With WiSA Express, manufacturers can quickly capitalize on this growth by offering consumers a cost-effective, high-performance wireless audio experience. Expanding the Capabilities of Wireless Audio with ADIO ® Technology As part of Datavault AI's Acoustic Science division, WiSA Technologies continues to push the boundaries of wireless audio innovation. In addition to enhancing multichannel sound experiences, WiSA's integration with ADIO ® inaudible tone technology introduces new opportunities for personalization, interactivity, and targeted engagement within the audio ecosystem. ADIO ® 's proprietary technology enables inaudible tones to be embedded within multichannel audio streams, allowing real-time data transmission to connected devices without disrupting the listener's experience. This seamless integration opens the door for targeted advertising, interactive content delivery, and enhanced audience engagement, creating new monetization channels for content providers and brands. For more information about WiSA Technologies and WiSA E Express, visit For more information about the Acoustic Science division, please visit WiSA Technologies (Nasdaq: WISA), soon to be Datavault AI, is leading the way in visualization, valuation, and monetization of assets in the Web 3.0 environment. Leveraging data sciences and acoustic sciences, the 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 or blockchain objects, fostering responsible AI with integrity. The company's solutions ensure privacy and credential protection. They are completely customizable and offer 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 WiSA Technologies 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 completed asset purchase (the 'Asset Purchase'), including statements regarding the benefits of the Asset Purchase, 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 WiSA'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 WiSA's business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, WiSA's ability to continue as a going concern, WiSA's ability to maintain the listing of its common stock on Nasdaq, WiSA's ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, WiSA's ability to predict its rate of growth, WiSA's ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting WiSA's customers' end markets, WiSA's ability to hire, retain and motivate employees, the effects of competition on WiSA'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 WiSA's ability to realize some or all of the anticipated benefits from the Asset Purchase, any risks that may adversely affect the business, financial condition and results of operations of WiSA after the completion of the Asset Purchase, 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 WiSA'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. SOURCE: WiSA Technologies, Inc. Copyright Business Wire 2025. PUB: 02/12/2025 08:47 AM/DISC: 02/12/2025 08:47 AM
