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Datavault AI Inc. - DVLT STOCK NEWS

Welcome to our dedicated page for Datavault AI news (Ticker: DVLT), a resource for investors and traders seeking the latest updates and insights on Datavault AI stock.

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Rhea-AI Summary

Datavault AI (NASDAQ: DVLT) has expanded its academic credential verification presence by appointing Michael Nisbet as Vice President of Sales, Education. Nisbet, with over 20 years of experience working with organizations like Harvard, Stanford, and Google, will lead the company's VerifyU technology implementation.

VerifyU provides AI-enabled credential verification solutions for academic institutions, targeting a market expected to reach $177 billion by 2030 with a 10% CAGR from 2024. The platform integrates with CLEAR's biometric identity verification technology to ensure secure, tamper-proof verification processes.

Nisbet's track record includes surpassing $10 million in annual revenue quotas at Accredible and leading a 60% year-over-year revenue increase at Pumpkin, scaling sales from $45 million to $65 million. VerifyU is already implemented at institutions like ASU and Lane College, offering blockchain-based credentials to combat the 70% of job applicants who provide inaccurate résumé information.

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FAQ

What is the current stock price of Datavault AI (DVLT)?

The current stock price of Datavault AI (DVLT) is $1.12 as of February 21, 2025.

What is the market cap of Datavault AI (DVLT)?

The market cap of Datavault AI (DVLT) is approximately 61.3M.
Datavault AI Inc.

Nasdaq:DVLT

DVLT Rankings

DVLT Stock Data

61.33M
56.79M