Datavault AI Inc. (NASDAQ: DVLT) has appointed Frank Deo as chief technology officer of its Acoustic Sciences Division, a move that signals the company's commitment to streamlining operations and preparing for a potential spinout. Deo, who previously served as vice president of new media technology at API Media, brings over 30 years of experience in building media, data, and platform technologies. He is a Technical Emmy Award winner and holds 31 issued U.S. and international patents.
The Acoustic Sciences Division is responsible for developing the company's ADIO, WiSA, Event Citadel, and API Media technologies, which focus on spatial audio, data-over-sound signaling, and live-event systems. Deo will lead efforts to unify the division's engineering stack across acquired operations, expand the use of artificial intelligence-assisted development tools, standardize engineering processes, and simplify the underlying architecture to reduce operating costs as the business scales.
This appointment expands the leadership of the Acoustic Sciences Division as Datavault AI evaluates a potential dividend spinout of the division into a stand-alone public company. The proposed transaction remains subject to board approval, a definitive agreement, closing conditions, and any required regulatory approvals. The spinout would allow the division to operate independently, potentially unlocking shareholder value.
Datavault AI is leading the way in AI-driven data experiences, 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 Sciences and Data Sciences divisions. The Acoustic Sciences division features WiSA, ADIO, and Sumerian patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation.
The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization. Datavault AI’s platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange enables Digital Twins and the licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity.
For more details on the appointment, visit the full press release at https://ibn.fm/EYWVu. To learn more about Datavault AI, visit their website at https://dvlt.ai.
