Datavault AI Inc. (NASDAQ: DVLT) has executed a binding term sheet with Scilex Holding Company (NASDAQ: SCLX) for a $120 million cash contribution and revenue participation agreement to support the deployment of its quantum-ready, zero trust edge network. The funding is expected to support infrastructure build-out across an estimated 100 U.S. cities, enabling advanced AI, high-performance computing, and secure data processing capabilities.
Under the agreement, Scilex will receive a tiered share of network revenues up to defined caps. This partnership marks a significant milestone for Datavault AI as it scales its cloud-based platform, which provides comprehensive solutions in Acoustic Science and Data Science Divisions. The company’s 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 the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization. Datavault AI’s platform serves multiple industries, including HPC software licensing for 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, fostering responsible AI with integrity.
The $120 million term sheet is a substantial investment that will accelerate the build-out of Datavault AI’s quantum-ready edge network. This network is designed to provide zero trust security, which is increasingly critical for enterprises handling sensitive data. For business leaders, this deployment could mean enhanced capabilities in AI and high-performance computing at the edge, reducing latency and improving data sovereignty. The expansion across 100 U.S. cities suggests a broad impact on industries such as healthcare, finance, and entertainment, where real-time data processing and security are paramount.
For the technology and AI sectors, this move underscores the growing importance of edge computing and quantum-ready infrastructure. As more companies adopt AI and machine learning, the demand for secure, low-latency networks will rise. Datavault AI’s partnership with Scilex not only provides the necessary capital but also validates the commercial viability of its technology. Investors and industry observers will be watching closely to see how this deployment progresses and what revenue streams emerge.
Datavault AI is headquartered in Philadelphia, PA. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT. For more details on the term sheet and the full press release, visit https://ibn.fm/LOPm4.
