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 unifying its engineering stack and reducing operational costs as it evaluates a potential dividend spinout of the division into a stand-alone public company. Deo, a Technical Emmy Award winner and inventor on 31 issued U.S. and international patents, brings over 30 years of experience in building media, data, and platform technologies.
The Acoustic Sciences Division develops the company's ADIO(R), WiSA(R), Event Citadel(TM), and API Media technologies, which are used for spatial audio, data-over-sound signaling, and live-event systems. Deo previously served as vice president of new media technology at API Media, where he led product engineering for the ADIO platform. In his new role, 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.
The appointment expands the leadership of the Acoustic Sciences Division as Datavault AI evaluates a potential dividend spinout into a stand-alone public company. The proposed transaction remains subject to board approval, a definitive agreement, closing conditions, and any required regulatory approvals. This strategic move could unlock shareholder value by creating a separate entity focused on acoustic sciences technologies, allowing it to pursue its own growth strategy and capital structure.
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(R), ADIO(R), and Sumerian(R) patented technologies, including 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(R) 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 information, visit the company's newsroom at https://ibn.fm/DVLT.
