Datavault AI Secures $120M Term Sheet With Scilex for Quantum-Ready Edge Network Buildout
April 28th, 2026 1:34 PM
By: Newsworthy Staff
Datavault AI (NASDAQ: DVLT) has secured a $120 million term sheet from Scilex to fund its quantum-ready edge network, targeting 100 U.S. cities with initial deployments in 2026.

Datavault AI (NASDAQ: DVLT) announced it has executed a binding term sheet with Scilex Holding Company (NASDAQ: SCLX) for a $120 million upfront cash contribution tied to a revenue participation agreement supporting the deployment of its quantum-ready, zero trust edge network. The agreement marks a significant step in advancing Datavault AI's infrastructure, which is designed to handle next-generation data processing and security demands.
Under the terms, Scilex will receive a tiered share of network revenues until defined caps are met, while Datavault AI retains ownership and upside as it advances a nationwide rollout targeting 100 U.S. cities. Initial deployments are expected in New York and Philadelphia in the second quarter of 2026, with scaled expansion planned over the next 36 months. The funding provides a substantial cash infusion to accelerate the buildout of a network that leverages quantum-ready technologies and zero-trust security protocols.
Datavault AI is leading the way in AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. The Acoustic Science Division features patented technologies including WiSA, ADIO, and Sumerian, which provide foundational spatial and multichannel wireless HD sound transmission with IP covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science Division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization.
The company’s cloud-based 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. Datavault AI’s technology suite is customizable and offers AI and ML automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring.
The partnership with Scilex underscores the growing interest in advanced network infrastructure capable of supporting quantum computing and zero-trust architectures. As cyber threats evolve, the need for secure, high-performance edge networks becomes critical for enterprises and government agencies. Datavault AI's deployment strategy targets major metropolitan areas, starting with New York and Philadelphia, which are hubs for technology and finance, potentially offering high demand for such services.
Investors and industry observers will watch the rollout closely, as the success of the network could position Datavault AI as a key player in the quantum-ready infrastructure market. The company's retention of ownership and upside potential aligns with long-term value creation, while Scilex's revenue participation provides a structured return on investment. For more details, the full press release is available at https://ibn.fm/66e9Y.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
