Business
Datavault AI Expects 2026 Full Year Revenue of $40 Million to $50 Million Driven by Acoustic & Data Sciences Platforms
IBM’s Partner Plus Program; NYIAX Partnership; Closing of CSI and Other Strategic Initiatives to fuel near term growth Licensing strategy in multiple end
About this update from Datavault Ai Inc.
[{"type":"text","content":"\n\nIBM’s Partner Plus Program; NYIAX Partnership; Closing of CSI and Other Strategic Initiatives to fuel near term growth\n\n\nLicensing strategy in multiple end markets expected to propel long-term growth\n\n\nExpected to raise $15 million cash to support business strategy for 2025\n\n\nInvestor business update call scheduled for April 3, 2025 at 11:00 am ET\n\n\n BEAVERTON, Ore.--(BUSINESS WIRE)--\nDatavault AI Inc. (Nasdaq: DVLT), a leader in AI-driven data experience, valuation and monetization, has set a revenue goal of $40 million to $50 million for 2026 and issued a Letter to Shareholders, highlighting its advancements and strategic initiatives that are shaping the Company’s trajectory. In support of its growth plans, the company has executed agreements to secure $15 million in convertible debt financing. Additionally, Datavault AI will host a business update conference call on April 3, 2025, at 11:00 AM ET, to discuss its key developments.\n\nSenior Secured Convertible Notes\n\nThe Company entered into a Senior Secured Convertible Note financing agreement, with expected total gross proceeds of $15 million after original issue discount of 10%, to be received in two closings. The initial close for $5 million is expected this week; the second close for $10 million is expected to occur 20 calendar days after the filing of a definitive information statement with the SEC disclosing receipt of written consent by the Company’s stockholders approving the financing.\n\n“Datavault AI is redefining the landscape of data monetization and valuation, and our 2025 momentum is a testament to our vision,” said Nathaniel T. Bradley, CEO of Datavault AI Inc. “The financing will support the planned closing of certain assets from CompuSystems Inc. (CSI) as well as the future expansion of our intellectual property portfolio management across both our acoustic and data science portfolios.\n\n“Our Web 3.0 solutions are gaining market traction, and we are delivering technical capabilities to customers that enable them to transform trusted data into reliable and measurable revenue streams. We tackle technical and business challenges through innovation, and our marketing and business development teams are dedicated to educating decision-makers and increasing both the scope and scale of our future contracting activities across key sectors to delive...