Datavault AI stock up as the company announces strategic expansions

Published 2 weeks ago Positive
Datavault AI stock up as the company announces strategic expansions
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Datavault AI (NASDAQ:DVLT [https://seekingalpha.com/symbol/DVLT]) announced [https://seekingalpha.com/pr/20277743-datavault-ai-announces-headquarters-relocation-to-philadelphia-expansion-of-ai-and-quantum] on Thursday strategic expansions, which include relocation of the corporate headquarters, opening of a new center for AI and quantum computing, and international expansion.

Shares were +9.11% to $2.34 during morning trading.

The company is set to relocate its corporate headquarters to Philadelphia's downtown area from Beaverton, OR.

Also, the company has opened its Center for AI and Quantum Computing Excellence at 9040 Roswell Road in Sandy Springs, Georgia.

Datavault AI said it is actively hiring AI engineers, blockchain specialists, and systems-integration experts.

The Beaverton facility will remain operational to support WiSA Engineering, Datavault AI expansion teams, and Pacific Rim sales and customer support.

Additionally, the company is opening its Quantum Computing & Digital Twin Embassy in Knightsbridge, London, to advance European collaborations in tokenized assets and AI monetization.

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