Curated News
By: NewsRamp Editorial Staff
April 28, 2026

Datavault AI Secures $120M from Scilex for Edge Network Rollout

TLDR

  • Datavault AI secures $120M from Scilex for quantum-ready edge network, gaining capital for nationwide rollout without diluting equity.
  • Datavault AI's binding term sheet with Scilex funds a zero trust edge network deployment across 100 US cities over 36 months.
  • Datavault AI's secure edge network aims to enhance data privacy and integrity, fostering responsible AI for societal benefit.
  • Datavault AI's quantum-ready network will launch in New York and Philadelphia in Q2 2026, bringing cutting-edge edge computing to urban centers.

Impact - Why it Matters

This news matters because it signals a major investment in quantum-ready, zero trust edge infrastructure, which could enhance data security and efficiency for industries relying on AI and real-time data processing. The nationwide rollout may improve connectivity and data monetization opportunities for businesses and consumers alike.

Summary

Datavault AI (NASDAQ: DVLT) has announced a pivotal $120 million upfront cash contribution from Scilex Holding Company through a binding term sheet, marking a major step in deploying its quantum-ready, zero trust edge network. The revenue participation agreement grants Scilex a tiered share of network revenues until predefined caps are reached, while Datavault AI retains full ownership and upside potential. This funding will accelerate a nationwide rollout targeting 100 U.S. cities, with initial deployments in New York and Philadelphia slated for Q2 2026 and scaled expansion over the next 36 months. Datavault AI is leading the way in AI experience, valuation, and monetization of assets in the Web 3.0 environment through its Acoustic Science and Data Science Divisions.

The company’s Acoustic Science Division features patented technologies like WiSA®, ADIO®, and Sumerian®, foundational spatial and multichannel wireless HD sound transmission technologies. Its Data Science Division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization. The cloud-based platform serves multiple industries, including sports & entertainment, 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 objects to immutable metadata objects. Datavault AI’s technology suite offers AI/ML automation, third-party integration, analytics, and marketing automation.

This partnership underscores the growing demand for secure, decentralized infrastructure in the AI and data economy. Scilex’s investment validates the potential of Datavault AI’s zero trust edge network, which promises enhanced security and efficiency for data-intensive applications. As the rollout begins, the company aims to establish a nationwide presence, potentially transforming how data is transmitted, valued, and monetized. The full press release is available at https://ibn.fm/66e9Y.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Datavault AI Secures $120M from Scilex for Edge Network Rollout

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