Datavault AI Executes $120M Term Sheet With Scilex for Quantum-Ready Edge Network Deployment
April 27th, 2026 1:35 PM
By: Newsworthy Staff
Datavault AI's $120 million agreement with Scilex to deploy a quantum-ready edge network across 100 U.S. cities marks a significant investment in advanced AI and secure data processing infrastructure.

Datavault AI Inc. (NASDAQ: DVLT) announced it has executed a binding term sheet with Scilex Holding Company (NASDAQ: SCLX) for a $120 million cash contribution and revenue participation agreement to support deployment of its quantum-ready, zero trust edge network. Under the agreement, Scilex will receive a tiered share of network revenues up to defined caps, while 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.
The partnership underscores the growing importance of edge computing in an era where data security and low-latency processing are paramount. Datavault AI's quantum-ready edge network is designed to handle the computational demands of next-generation AI applications, offering a zero-trust architecture that ensures data integrity and confidentiality. This deployment could position the company as a key player in the infrastructure layer supporting Web3, AI, and high-performance computing workloads.
Scilex's $120 million contribution highlights investor confidence in Datavault AI's technology and market potential. The revenue-sharing model aligns incentives, with Scilex set to benefit from the network's success while Datavault AI secures the capital needed for rapid expansion. The planned coverage of 100 U.S. cities suggests a significant scale, potentially creating a dense network that could attract enterprise and government clients seeking secure, low-latency computing resources.
This development is particularly relevant for industries such as healthcare, finance, and defense, where data security and real-time processing are critical. By leveraging its zero-trust edge network, Datavault AI aims to provide a platform for applications like digital twins, secure data monetization, and AI-driven analytics. The company's focus on quantum readiness also positions it for future advancements in computing, ensuring that its infrastructure can adapt to emerging technologies.
For more details, the full press release is available at https://ibn.fm/LOPm4. Datavault AI is headquartered in Philadelphia, PA, and continues to innovate in AI experience, valuation, and asset monetization in the Web3 environment. The company's technology suite includes WiSA, ADIO, and Sumerian technologies in its Acoustic Science Division, while its Data Science Division focuses on high-performance computing and secure data solutions.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
