Datavault AI to develop machine learning system for biofuel crops

BEAVERTON, Ore. - Datavault AI Inc. (NASDAQ:DVLT), a technology company with a market capitalization of $52.24 million and projected revenue growth of 424% for FY2025 according to InvestingPro data, announced plans to develop an artificial intelligence-driven system aimed at optimizing canola crops for biofuel production, according to a company press release.

The initiative will focus on increasing fatty acid metabolism efficiency in Brassica napus (canola) through computational modeling. The company will collaborate with research partners from the U.S. Department of Energy’s Brookhaven National Laboratory’s Computing and Data Sciences Directorate.

The project aims to support the Environmental Protection Agency’s goal of replacing up to 140,000 barrels of crude oil daily with biofuels.

Datavault AI will provide oversight and quality assurance for the project, ensuring computational models are properly structured and validated for commercial use by biofuel producers. The company’s approach uses high-performance computing and digital twin technology to analyze genetic modifications that could enhance oil production.

"By applying computational validation and high-performance computing, we are accelerating the timeline for biofuel crop optimization," said Nathaniel Bradley, CEO of Datavault AI.

Sonia Choi, Chief Marketing Officer and Lead Principal Investigator for the project, stated that Datavault AI’s role involves "structuring data for commercialization within the renewable energy sector."

Global biofuel demand is projected to increase by nearly 30% between 2023 and 2028, according to information cited in the release. Biofuel capacity investments reached a decade high in 2022, with funding commitments exceeding $1.9 billion for major renewable diesel refineries in North America.

Datavault AI, formerly known as WiSA Technologies, specializes in AI data experience, valuation and monetization technologies.

In other recent news, Datavault AI Inc. has made significant financial strides by securing $16.7 million through note offerings, as detailed in a recent SEC filing. This funding includes an initial offering of $5.5 million and an additional $11.1 million, accompanied by warrants to purchase up to 19.3 million shares of common stock. The notes, which have a 10% original issue discount, are convertible into common stock at a price of $1.00 per share. Additionally, Datavault AI has extended its asset purchase agreement deadline with CompuSystems, Inc. to May 23, 2025, marking the fourth amendment to this agreement.

The company has also entered into a strategic licensing agreement with GFT Rewards to implement ADIO®-enabled Web 3 mobile rewards across various distribution channels. Under this agreement, Datavault AI will earn a fee for each reward redemption managed through GFT’s platform. Furthermore, Datavault AI has finalized a series of lock-up agreements with NYIAX, Inc., following a share exchange deal, which restricts the availability of certain shares for up to four years. This move aims to stabilize stock liquidity and reflects a long-term partnership between the companies. These developments highlight Datavault AI’s ongoing efforts to expand its market presence and secure financial stability.

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