Datavault AI (NASDAQ: DVLT), a company specializing in data monetization, credentialing, digital engagement and real-world asset tokenization, has announced a binding letter of intent to acquire all outstanding shares of CyberCatch, a cybersecurity firm offering a patented AI-enabled platform for continuous compliance and cyber risk mitigation. The all-stock transaction is valued at approximately CAD $136.8 million, according to a joint statement released on May 1, 2026.
Under the terms of the agreement, CyberCatch will operate as a subsidiary of Datavault AI, with founder, Chairman and CEO Sai Huda serving as president of the subsidiary. The acquisition is expected to bolster Datavault AI’s capabilities in securing digital assets and enhancing its AI-driven solutions. CyberCatch’s platform provides continuous compliance monitoring and cyber risk mitigation, which aligns with Datavault AI’s focus on secure data monetization and credentialing in the Web 3.0 environment.
Datavault AI’s cloud-based platform offers comprehensive solutions through its Acoustic Science and Data Science Divisions. The Acoustic Science Division features patented technologies such as WiSA, ADIO and Sumerian for spatial and multichannel wireless HD sound transmission, while the Data Science Division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company’s Information Data Exchange (IDE) enables digital twins and licensing of name, image, and likeness by attaching physical objects to immutable metadata objects.
The acquisition of CyberCatch is expected to strengthen Datavault AI’s position in the cybersecurity space, particularly as data breaches and cyber threats become increasingly sophisticated. CyberCatch’s AI-enabled platform automates compliance and risk mitigation, providing a layer of security that complements Datavault AI’s data monetization services. The combined entity will serve multiple industries, including sports and entertainment, biotech, education, fintech, real estate, healthcare and energy.
For more details on the announcement, refer to the full press release at https://ibn.fm/lktOf. The transaction is subject to customary closing conditions, including regulatory approvals and due diligence.
