Datavault AI (NASDAQ: DVLT) announced on May 1, 2026, that it has entered into a binding letter of intent to acquire all outstanding shares of CyberCatch, a cybersecurity company specializing in AI-enabled continuous compliance and cyber risk mitigation. The all-stock transaction is valued at approximately CAD $136.8 million.
Under the terms of the agreement, CyberCatch will operate as a wholly owned subsidiary of Datavault AI. CyberCatch founder, Chairman, and CEO Sai Huda will serve as president of the subsidiary. The acquisition is expected to combine CyberCatch's patented AI-powered platform with Datavault AI's suite of data monetization, credentialing, digital engagement, and real-world asset tokenization technologies.
Datavault AI, headquartered in Philadelphia, PA, provides cloud-based solutions for AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company operates through two divisions: Acoustic Science and Data Science. The Acoustic Science Division holds patented technologies including WiSA, ADIO, and Sumerian for wireless HD audio transmission. The Data Science Division leverages Web 3.0 and high-performance computing for data perception, valuation, and secure monetization. Its Information Data Exchange (IDE) enables digital twins and licensing of name, image, and likeness by attaching physical objects to immutable metadata.
CyberCatch's AI-enabled platform focuses on continuous compliance and cyber risk mitigation, addressing a critical need for businesses navigating complex regulatory landscapes. By integrating CyberCatch into its operations, Datavault AI aims to enhance its cybersecurity offerings and provide comprehensive solutions to its clients across multiple industries, including sports and entertainment, biotech, fintech, real estate, healthcare, and energy.
This acquisition signals Datavault AI's strategic expansion into cybersecurity, reflecting the growing importance of data protection and compliance in the digital economy. The combined technology stack could offer clients end-to-end solutions for data management, from secure credentialing and monetization to continuous compliance monitoring.
The transaction is subject to customary closing conditions and regulatory approvals. More details are available in the full press release at https://ibn.fm/lktOf.
Forward-looking statements in this article involve risks and uncertainties as detailed in Datavault AI's SEC filings, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
