Datavault AI Inc. (NASDAQ: DVLT) announced it 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, with initial deployments expected in New York and Philadelphia in the second quarter of 2026 and scaled expansion planned over the next 36 months. For more details, see the full press release at https://ibn.fm/66e9Y.
This agreement marks a significant step for Datavault AI, which 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. 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 HPC software licensing for sports & entertainment, events & 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, fostering responsible AI with integrity. The company is headquartered in Philadelphia, PA.
The $120 million influx from Scilex is expected to accelerate the buildout of Datavault AI’s edge network, which is designed to be quantum-ready and zero trust, addressing growing demands for secure, high-performance data processing at the network edge. The initial deployments in New York and Philadelphia in Q2 2026 will serve as a proof of concept, with plans for nationwide expansion over three years. This strategic partnership could position Datavault AI as a key player in the emerging edge computing market, which is critical for applications requiring low latency and enhanced security. For ongoing updates on Datavault AI, visit the company’s newsroom at https://ibn.fm/DVLT.
