Datavault AI Secures $120M from Scilex for Quantum-Ready Edge Network Deployment

April 28th, 2026 10:00 PM
By: Newsworthy Staff

Datavault AI executes a binding term sheet with Scilex Holding Company for $120 million to deploy a quantum-ready edge network across 100 U.S. cities, enabling advanced AI and secure data processing.

Datavault AI Secures $120M from Scilex for Quantum-Ready Edge Network Deployment

Datavault AI (NASDAQ: DVLT) announced it has executed a binding term sheet with Scilex Holding Company 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 full press release is available at https://ibn.fm/LOPm4.

This strategic investment underscores the growing demand for decentralized edge computing solutions that can handle the intensive workloads of AI and machine learning while maintaining security and low latency. Datavault AI's quantum-ready network is designed to support next-generation applications, including digital twins, secure asset monetization, and real-time data processing. The deployment across 100 cities positions the company to capture a significant share of the edge computing market, which is projected to expand rapidly as enterprises seek to move data processing closer to the source.

Datavault AI's technology suite leverages its Acoustic Science and Data Science Divisions. The Acoustic Science Division features WiSA, ADIO, and Sumerian patented technologies for spatial audio and wireless HD sound transmission, while the Data Science Division focuses on Web 3.0 and high-performance computing. The Information Data Exchange (IDE) enables secure attachment of physical objects to immutable metadata, supporting digital twins and name, image, and likeness (NIL) licensing. These capabilities are critical for industries such as sports and entertainment, biotech, education, fintech, real estate, healthcare, and energy.

The $120 million funding from Scilex will accelerate the build-out of Datavault AI's zero trust edge network, which incorporates quantum-ready security measures to protect data integrity. The revenue participation agreement aligns incentives between the two companies, with Scilex receiving a share of network revenues up to defined caps. This model reduces upfront risk for Datavault AI while providing Scilex with long-term income potential from the network's operations.

As edge computing becomes a cornerstone of digital transformation, Datavault AI's partnership with Scilex highlights the importance of secure, high-performance infrastructure. The deployment across 100 U.S. cities will create a distributed network capable of handling advanced AI workloads, real-time analytics, and secure data transactions. This initiative positions Datavault AI as a key player in the evolving edge ecosystem, with potential implications for how data is processed and monetized in the Web 3.0 era.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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