Datavault AI Inc. secured a $100 million purchase order for its $QEST tokenization services. The order coincides with the commercial launch of the company’s Information Data Exchange (IDE), NILvault, and American Political Exchange (APEX) platforms. These systems utilize technology from the recently acquired NYIAX to facilitate the valuation and trading of real-world assets.
The company reaffirmed its full-year 2026 revenue guidance of $200 million. Despite the new contract, Datavault AI faces significant downward stock pressure from multiple shareholder lawsuits. The firm also continues to navigate the lingering impact of a 2025 short-seller report.