Datavault AI (NASDAQ: DVLT), a leader in AI-driven data experience, valuation and monetization, and Wellgistics Health Inc. (NASDAQ: WGRX), a next-generation pharmaceutical distribution and digital prescription routing company, have signed a non-binding letter of intent to integrate DataVault’s blockchain-enabled PharmacyChain(TM) smart contract technology into Wellgistics’ proprietary infrastructure. The collaboration aims to digitize prescription tracking from script to fulfillment, ensuring accurate, transparent and efficient delivery while supporting patient safety and optimized outcomes. The companies are exploring a revenue-sharing model based on PharmacyChain(TM) usage fees, with definitive terms to be determined following further negotiation.
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About Datavault AI Inc.
Datavault AI (Nasdaq: DVLT) is leading the way in AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division features WiSA(R), ADIO(R) and Sumerian(R) patented technologies and industry first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI’s cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange(R) (IDE) enables Digital Twins, licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at www.datavaultsite.com.
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