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 scaling its spatial audio and data-over-sound technologies while evaluating a potential dividend spinout of the division into a stand-alone public company. The appointment expands the division's leadership as Datavault AI seeks to streamline operations and reduce costs.
Frank Deo brings more than 30 years of experience in media, data and platform technologies to his new role. He previously served as vice president of new media technology at API Media, where he led product engineering for the ADIO platform. Deo is a Technical Emmy Award winner and holds 31 issued U.S. and international patents. In his new position, he 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 Acoustic Sciences Division develops the company's ADIO, WiSA, Event Citadel and API Media technologies for spatial audio, data-over-sound signaling and live-event systems. These technologies include patented foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization and multi-channel interference cancellation.
The appointment comes as Datavault AI evaluates a potential dividend spinout of the Acoustic Sciences 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. This strategic move could unlock shareholder value by allowing the division to operate independently and focus on its core technologies.
The news underscores Datavault AI's broader strategy to leverage its AI-driven data experiences and asset monetization capabilities in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions across its Acoustic Sciences and Data Sciences divisions. The Data Sciences division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization.
Datavault AI's technologies serve multiple industries, including high-performance computing software licensing for sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare and energy. The company's Information Data Exchange enables Digital Twins and the licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata.
For more information on the full press release, visit https://ibn.fm/EYWVu.
