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 focus on streamlining operations ahead of a potential dividend spinout of the division into a stand-alone public company. Deo, who previously served as vice president of new media technology at API Media, brings over 30 years of experience in media, data and platform technologies, and holds 31 issued U.S. and international patents. He is also a Technical Emmy Award winner.
The Acoustic Sciences Division develops technologies including ADIO(R), WiSA(R), Event Citadel(TM) and API Media for spatial audio, data-over-sound signaling and live-event systems. 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 division as Datavault AI evaluates a potential dividend spinout, which remains subject to board approval, a definitive agreement, closing conditions and any required regulatory approvals.
According to the press release, Deo's experience includes leading product engineering for the ADIO platform. His appointment comes at a critical time as Datavault AI looks to position its Acoustic Sciences Division for growth and potential independence. The company's technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring.
Datavault AI is headquartered in Philadelphia, PA, and its platform serves multiple industries including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare and energy. The company's Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. For more information, visit the company's website at https://dvlt.ai.
The full press release is available at https://ibn.fm/EYWVu. For the latest news and updates relating to DVLT, visit the company's newsroom at https://ibn.fm/DVLT.
