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.
Summit Wireless Technologies, Inc. (NASDAQ: WISA) reported a strong Q3 2020, with a 45% revenue increase year-over-year and a gross margin improvement from 7.6% to 17.1%. The company added 7 new WiSA members, including major brands like SKYWORTH and Hisense, and anticipates further growth as holiday season approaches. Cash reserves stand at $9.1 million. CEO Brett Moyer expressed confidence in exceeding 100% revenue growth in Q4 2020. WiSA's new product, SoundSend, aims to enhance consumer experiences with smart surround sound systems.
WiSA, founded by Summit Wireless Technologies (NASDAQ: WISA), has welcomed Hisense into its community of over 60 consumer electronics brands, aiming to expand its retail presence in North America. Hisense, the top TV brand in China, reported a 139% sales increase in the U.S. in 2020. Joining WiSA allows Hisense to work on global standards for low-latency, multi-channel audio, enhancing consumer experiences in home cinema technology. This partnership signifies a strategic growth opportunity for both WiSA and Hisense.
Summit Wireless Technologies, Inc. (Nasdaq: WISA), a pioneer in immersive wireless sound technology, announced that President and CEO Brett Moyer will participate in three upcoming conferences. The events include the Trickle Research Rocky Mountain Microcap Conference on November 10 at TopGolf, the Investor Summit Fall Conference on November 16-17 with a webcast presentation, and the Benchmark Discovery One-on-One Investor Conference on November 18 featuring virtual meetings. Presentation materials will be accessible via the company's website.
Summit Wireless Technologies, Inc. (NASDAQ:WISA) will hold a conference call on November 10, 2020, at 7:30 a.m. PT / 10:30 a.m. ET to discuss its third-quarter results and provide a business update. Interested participants can join the call by dialing 877-423-9813 or 201-689-8573, using code 13711981. The call will be accessible via a live webcast on their investor relations website and will be archived for one year. Summit Wireless is known for its innovative wireless sound technology in home entertainment systems and is a founding member of the WiSA Association.
WiSA LLC, a subsidiary of Summit Wireless Technologies (NASDAQ: WISA), has announced the launch of a wireless home cinema bundle featuring the WiSA SoundSend transmitter and the Platin Monaco 5.1 Immersive Wireless Home Audio System. Priced at $899, the bundle will be available for purchase starting November 2020 on Amazon. The system promises easy setup and immersive audio experience, with capabilities for virtual Dolby Atmos performance and excellent audio quality, making it appealing for both audio enthusiasts and novices.
WiSA LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), reported significant growth in Q3 2020, with unique website visitors up 112% from Q2 and 191% from Q1. The association's digital marketing efforts have resulted in increased consumer engagement, with 35% of visitors interacting with member sites. Social media visits surged 143% from Q2 and 562% from Q1. This growth highlights the rising interest in wireless audio solutions, as WiSA aims to educate consumers on its certified products, ultimately positioning itself as a leading association in the home cinema category.
WiSA LLC, founded by Summit Wireless Technologies (NASDAQ: WISA), announces the launch of the WiSA SoundSend audio transmitter, slated for November 2020. Priced at $179, SoundSend connects to smart TVs, enhancing access to wireless multichannel audio. It pairs effortlessly with WiSA Certified speakers and eliminates complex setups, allowing users to enjoy high-definition audio without WiFi. Features include speaker calibration for optimal sound and support for Dolby formats. This innovation reinforces WiSA’s commitment to high-resolution audio standards.