Datavault AI (NASDAQ: DVLT) has announced a proposed strategic partnership with Patriot Strategic Metals LLC to jointly develop the Strategic Materials Acquisition Platform, an institutional digital infrastructure platform designed to support the financing, tokenization, settlement and lifecycle management of strategic mineral assets. The companies stated that the platform would integrate Patriot Strategic Metals' strategic metals operations with Datavault AI's real-world asset tokenization technology, AI-enabled digital infrastructure and blockchain-based settlement capabilities.
The proposed partnership contemplates an initial Phase I platform development program of up to $700 million, subject to financing, definitive agreements, board approvals and regulatory requirements. Approximately $62 million of that amount is allocated for Datavault AI-related technology integration, licensing and platform development. Datavault AI said the framework is intended to create recurring revenue opportunities through technology licensing, platform services and transaction-based activities, while providing the company with a 25% share of net distributable platform profits unless otherwise agreed for specific transactions or special purpose vehicles.
Datavault AI is positioning itself as a leader in AI-driven data experiences, valuation and monetization of assets in the Web 3.0 environment. Its cloud-based platform offers solutions through its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features WiSA, ADIO and Sumerian patented technologies for spatial and multichannel wireless high-definition sound transmission. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization.
The company's platform serves multiple industries, including sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare and energy. Its Information Data Exchange enables Digital Twins and licensing of name, image and likeness by securely attaching physical real-world objects to immutable metadata. The technology suite offers AI and machine learning-based automation, third-party integration, analytics and data, marketing automation and advertising monitoring.
For more details, the full press release is available at https://ibn.fm/GKFE7. Information about Datavault AI can be found at https://dvlt.ai.
