Welcome to our dedicated page for Wisa Tech news (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on Wisa Tech stock.
The news feed for WiSA Technologies, Inc. (formerly trading under the symbol WISA and now operating as Datavault AI Inc. with Nasdaq symbol DVLT) captures the company’s transition from a wireless audio specialist to a data technology and licensing business focused on Web 3.0 asset monetization. Company press releases describe how Datavault AI integrates data sciences and acoustic sciences under its Data Science and Acoustic Science divisions, highlighting both corporate developments and technology deployments.
Readers following WISA-related news can expect updates on Datavault AI’s projects involving blockchain data monetization, digital twins, and licensing of name, image and likeness (NIL) through its Information Data Exchange® (IDE) platform. Announcements also cover the use of ADIO® inaudible tone technology for geo-targeted messaging and public safety campaigns, as well as collaborations with organizations such as NFL Alumni Health and other partners in sports and entertainment.
Another recurring theme in the company’s news is the evolution of its wireless and spatial audio capabilities. Releases describe WiSA multichannel wireless audio software, interoperability agreements with system-on-chip providers for Android and Linux-based streaming A/V platforms, and demonstrations of WiSA E-based reference designs and SoundSend E transmitters at major industry events. These stories illustrate how the Acoustic Science division continues to apply WiSA® and Sumerian® brands to consumer electronics, live events and immersive media.
Investors and observers can also find coverage of financing transactions, asset acquisitions, interoperability licenses, and corporate rebranding milestones in the company’s news flow. For those researching the historical WISA ticker, this news page offers context on how the business has expanded from semiconductor-based wireless audio solutions into broader Web 3.0 data and acoustic technologies under the Datavault AI identity.
Platin Audio's Monaco 5.1.2 system, featuring WiSA SoundSend, has been awarded the 2022 CE Pro BEST Award at the CEDIA Expo. This system is the first wireless audio solution to incorporate Dolby Atmos up-firing speakers, aimed at delivering immersive audio experiences for both movies and gaming. It retails for $1,499 and is set for release in mid-October 2022 with pre-orders available now. The recognition underscores innovation and functionality in the custom electronics industry, highlighting advances despite supply chain challenges.
WiSA Technologies announced the WiSA SoundSend Certification for several LG OLED TV models, including the C2 and G2. This certification confirms the TVs' compatibility with the WiSA SoundSend wireless audio transmitter, allowing seamless connection and synchronized audio experiences. The certification enhances the functionality of LG's acclaimed OLED TVs, promoting interoperability with WiSA technology. The WiSA SoundSend has received multiple awards and simplifies setup, enabling users to create immersive home theater experiences.
Platin Audio has launched the Monaco 5.1.2 wireless audio system, featuring WiSA technology and Dolby Atmos support. This groundbreaking system is the first of its kind to be fully immersive and multichannel, designed for high-quality home cinema experiences. It integrates up-firing speakers and incorporates Dolby specifications, ensuring an unmatched audio experience. The Monaco 5.1.2 will retail for $1,499, with pre-orders currently available online. The new system aims to position Platin Audio as a leader in the evolving home audio sector.
WiSA Technologies, Inc. (NASDAQ: WISA), a leader in spatial audio wireless technology, will participate in the H.C. Wainwright & Co. 24th Annual Global Investment Conference from September 12-14, 2022, in New York City. President and CEO Brett Moyer is scheduled to present on September 14 at 11:00 AM ET and will hold in-person and virtual meetings on September 13 and 14. Presentation materials and a webcast link will be available on their Investor Relations website.
WiSA Technologies (Nasdaq: WISA) reported a 67% revenue increase in Q2 2022 compared to Q1 2022, totaling $0.9 million. Despite this growth, revenue declined from $1.6 million in Q2 2021. WiSA DS technology is gaining traction with 12 companies exploring 15 potential projects. The firm anticipates sequential growth in Q3 and Q4 2022, but cautions of challenges from parts shortages and fluctuating consumer demand. With $4.8 million in cash as of June 30, 2022, WiSA has secured a $3 million convertible security funding agreement, bolstering its financial position for future operations.
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WiSA Technologies, Inc. (Nasdaq: WISA) has announced a $3.6 million senior secured convertible note and warrant issuance to Lind Global Macro Fund, LP. The offering will provide $3.0 million in immediate gross proceeds for general working capital. This convertible security is secured by a first priority lien on most of WiSA's assets and can convert into common stock at $0.93 or 90% of the lowest five VWAPs in the previous 20 trading days. The investor also received a five-year warrant to acquire approximately 2.1 million shares at $1.00 each.
WiSA LLC, a subsidiary of WiSA Technologies (NASDAQ: WISA), announced that Hisense's 2022 U7H and U8H Series TVs have received WiSA SoundSend Certification. This certification ensures seamless connectivity between smart TVs and the WiSA SoundSend wireless audio transmitter. The U7H and U8H models allow users to enjoy high-definition multi-channel audio, enhancing home cinema experiences. WiSA aims to promote immersive audio experiences through collaborations with brands like Hisense. The WiSA SoundSend has received multiple awards, including the 2022 Mark of Excellence award.
WiSA Technologies, Inc. (NASDAQ: WISA) will report its second quarter 2022 results on August 15, 2022, before the market opens. A conference call will be held at 9:00 a.m. PT to discuss the results and provide updates. Participants can listen live by dialing 669-900-6833 and entering the meeting ID 95912577140, with passcode 369678. A live webcast will also be available on the company's investor relations website. WiSA Technologies specializes in wireless sound technology and partners with leading brands to enhance home entertainment experiences.
WiSA Technologies, a leader in wireless audio technology, announced the successful testing of its DS 2.4 GHz multichannel wireless audio module. Conducted by Novus Labs, the testing reveals that the DS module outperforms competitive 5 GHz solutions in reliability, especially in congested Wi-Fi environments. The module maintains audio quality even under heavy network traffic, with performance improvements of 1.5 to 3 times compared to competitors. This cost-effective solution supports multiple audio channels, making it ideal for modern home theater systems.