Welcome to our dedicated page for WiSA Technologies news (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on WiSA Technologies stock.
WiSA Technologies, Inc. (WISA) is a pioneering company specializing in wireless sound technology. As a fabless semiconductor firm, it focuses on developing and selling advanced wireless audio integrated circuits. These state-of-the-art circuits are designed to deliver high-definition, distortion-free audio for a range of home entertainment and professional audio markets.
Headquartered in Beaverton, Oregon, with additional offices in San Jose, California, as well as in Taiwan, Korea, and Japan, WiSA Technologies is strategically positioned to serve a global market. The company boasts an extensive geographic presence across Asia Pacific, North America, and Europe.
WiSA Technologies is renowned for its award-winning Summit Wireless™ technology. This leading integrated circuit solution is widely recognized for its ability to distribute high-quality audio wirelessly. Summit Wireless™ technology can be seamlessly integrated into audio decoding sources such as digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems. These sources transmit multi-channel audio to home theater or pro-audio speakers equipped with Summit receive technology.
In addition to selling module components to audio companies, WiSA Technologies also offers audio products to both resellers and consumers. The company collaborates closely with consumer electronics companies, technology providers, retailers, and ecosystem partners to enhance the immersive audio experience for users.
WiSA Technologies is a co-founder of the Wireless Speaker and Audio Association (WiSA) standard, which promotes interoperability among various audio components. The company's recent achievements and current projects emphasize its commitment to innovation and quality in the audio technology sector.
Stay tuned for updates from WiSA Technologies as they continue to make strides in the wireless audio industry, delivering cutting-edge solutions and expanding their global footprint.
WiSA Technologies (Nasdaq: WISA) has announced a significant 3-year partnership with the National Football League Alumni (NFLA) to implement its VerifyU commercialization strategy. The deal focuses on creating immutable tokens for NFL alumni using WiSA's patented ADIO and Data Vault technologies.
The partnership aims to connect NFL alumni with benefits, statistical credentials, fans, venues, and events through acoustic mobile quick response technology. Key features include creating Web 3.0 crypto anchors, minting VerifyU credential tokens, and providing utilities for benefits access and career transition. The system will enable NFL alumni to monetize their Name, Image, and Likeness (NIL) using patented Information Data Exchange and Web 3.0 tools.
WiSA will generate revenue through a percentage split of sales with the NFLA. The initiative represents a flagship project in sports and entertainment, incorporating high-performance computing and Artificial Intelligence to serve NFL Alumni members.
WiSA Technologies (WISA) reported a successful CES 2025, showcasing groundbreaking Web 3.0 technologies and receiving recognition from Forbes. The company's booth engaged approximately 35 companies, featuring several key innovations:
1. The Twinstitute, a permanent facility near Wynn and Encore resorts, enabling creation of virtual digital twins and voice fonts for NIL monetization.
2. ADIO's inaudible tone broadcasting technology, presented at Fontainebleau Hotel during Fintech TV's CES coverage.
3. DVHolo advanced holographic media solution, demonstrated at the Cantor Fitzgerald reception.
4. WiSA E wireless audio platforms, including new SoundSend E Transmitter with Dolby Atmos decoding and mobile applications.
The company aims to capitalize on growing markets, including digital twins (projected $131B by 2030), holographic displays ($23B by 2032), and wireless audio ($154B by 2030).
WiSA Technologies (NASDAQ: WISA), which recently acquired Datavault® intellectual property and IT assets from Data Vault Holdings Inc.® on December 31, 2024, has announced its participation in upcoming investor conferences. The company, which plans to rename itself to Datavault Inc. in January 2025, will be present at two major events:
1. The SRAX Sequire Investor Summit in San Juan, Puerto Rico (January 21-24, 2025), featuring a presentation at 2:00 pm at Fauno West
2. The Microcap Conference in Atlantic City, NJ (January 28-30, 2025)
Both events will include company presentations and one-on-one meetings. Investors can access presentation materials through WiSA Technologies' website's Investor Relations section, and schedule meetings through conference representatives or by contacting the company's investor relations team.
WiSA Technologies has completed its acquisition of Data Vault Holdings' assets on December 31, 2024. The deal includes patent-protected acoustic and data technologies, featuring Web 3.0 Sumerian crypto anchors and the ADIO advertising network. As part of the transaction, WiSA issued 40 million shares of restricted common stock and appointed Nathaniel T. Bradley as CEO, with Brett Moyer transitioning to CFO.
The company plans to rebrand as Datavault Inc. in mid-January 2025 and change its Nasdaq ticker to ADIO. The acquisition consideration includes a $10 million unsecured promissory note due in 3 years and a 3% royalty on future net revenues from Datavault and ADIO product lines. Bradley received 1.2 million restricted stock units as an inducement, with half vesting over 36 months and half tied to achieving $40 million in revenue over any trailing 12-month period.
WiSA Technologies announces five immersive wireless audio demonstrations at CES 2025, showcasing its WiSA E technology across various applications. The company, which plans to acquire Datavault's intellectual property and change its name to Datavault Inc. with ticker symbol ADIO in January 2025, will present demonstrations at their Venetian suite in Las Vegas.
The demonstrations include: Tymphany's 4-speaker, 8-channel compact spatial audio system; Luxshare's multichannel Dolby ATMOS soundbar; Rayleigh Labs' 5.1 Jamo Speaker System; and Realtek's set-top box software development kit. These implementations highlight WiSA E's versatility in delivering high-quality wireless audio experiences across home theater solutions and multi-room streaming applications.
WiSA Technologies has issued a correction to their January 6, 2025 press release regarding their CES partners' implementations of WiSA E software. The correction primarily addresses revisions to the first paragraph and the cautionary note section. The updated release highlights how WiSA's innovative audio solutions are enabling partners to engage consumers while creating new revenue opportunities and improving audio experiences. The announcement was made from their Beaverton, Oregon headquarters.
WiSA Association, a subsidiary of WiSA Technologies (NASDAQ: WISA), announces significant product launches for CES 2025, including three reference designs, three mobile applications, and the SoundSend E transmitter. The company plans to change its name to Datavault Inc. and ticker to ADIO in January 2025.
The new WiSA E-based reference designs include the 'Player1' wireless audio transmitter platform, 'Dragon' powered receiver platform, and 'Pegasus' passive receiver platform. These designs enable quick development of branded wireless audio products.
The company is launching three mobile apps: WiSA Certification App for product development, WiSA Express App for TV connectivity, and WiSA Connect App for system management. The new SoundSend E transmitter features HDMI ARC/eARC, optical and Bluetooth inputs, upgraded DSP, and automatic speaker detection.
The WiSA Association has announced a correction to their CES 2025 innovation showcase press release. The updated announcement highlights three major developments: WiSA E-based Reference Designs, new mobile applications, and the SoundSend E technology. These innovations are set to be featured at the Consumer Electronics Show (CES) 2025 in Beaverton, Oregon.
WiSA Technologies announces the integration of its WiSA E wireless multichannel audio software into Sagemcom's Video Soundbox (VSB) set-top box, which has been shipping globally since December 2024. The VSB combines a high-quality soundbar with a set-top box, offering consumers an all-in-one solution for digital TV and streaming services.
The WiSA E software enables Dolby Atmos audio to be transported wirelessly to external speakers, including rear and upfiring speakers. This integration eliminates the need for separate transmit hardware modules, reducing BOM costs for manufacturers while providing consumers with a simplified setup for immersive audio experiences.
Sagemcom, achieving over €3 billion in turnover and being a world leader in its markets, has incorporated this technology to deliver enhanced audio capabilities alongside their advanced video and smart features in the VSB set-top box.
WiSA Technologies (NASDAQ: WISA) announced a conference call scheduled for December 30th at 8 am PT / 11 am ET to discuss their previously announced definitive agreement to acquire CompuSystems, Inc. (CSI), a leading provider of registration, data analytics, and lead management services for live events. The call will feature key executives including Nate Bradley (Data Vault Holdings CEO), Mark LoGiurato (CSI CEO), Brett Moyer (WiSA Technologies CEO), and Michael Fazio (CSI Controlling Investor). The company also anticipates closing its acquisition of Datavault® intellectual property and IT assets, with plans to rebrand as Datavault Inc. around December 31, 2024.