PHILADELPHIA, PA — Datavault AI (NASDAQ: DVLT) has proposed a strategic partnership with Patriot Strategic Metals to develop a digital platform for financing, tokenizing and settling transactions involving critical mineral assets, positioning the company to expand beyond software into infrastructure supporting strategic commodity markets.
The proposed Strategic Materials Acquisition Platform, or SMAP, would combine Patriot Strategic Metals’ mining, refining, commodity trading and supply chain operations with Datavault AI’s tokenization, blockchain settlement and enterprise software technologies, the companies announced.
The initiative targets industries facing growing demand for critical minerals, including artificial intelligence, semiconductor manufacturing, defense, robotics, energy and advanced manufacturing.
The platform is intended to support tokenization of qualifying mineral inventories, institutional trade finance, digital escrow, blockchain settlement, smart contracts and supply chain financing, creating a digital framework for managing strategic commodities throughout their lifecycle.
The proposal remains subject to financing, definitive agreements, board approvals and regulatory requirements.
According to the companies, the first phase of development could total as much as $700 million, including approximately $62 million allocated to Datavault AI for technology integration, platform development, software licensing and implementation.
Datavault AI also expects the platform to generate recurring revenue through technology licensing, digital settlement services, tokenization, compliance automation, enterprise software and transaction infrastructure if the project reaches commercial deployment.
Under the proposed framework, Datavault AI would receive 25% of net distributable platform profits unless different terms are negotiated for specific transactions or special-purpose entities.
Patriot Strategic Metals also described plans for a revolving procurement facility of up to $20 billion to support acquisition, storage, transportation, certification, insurance and distribution of eligible strategic minerals. The companies noted that the facility represents arranged procurement capacity and remains subject to definitive agreements, financing availability and other conditions.
Chief Executive Officer Nathaniel T. Bradley characterized the proposed partnership as an effort to modernize financing and settlement for strategic commodities.
“By combining PSM’s critical minerals platform with Datavault AI’s patented RWA technology, we are building a framework to modernize how strategic commodities are financed, settled, and managed,” Bradley stated.
If completed, the partnership would integrate mining assets, refining operations, certified inventories, institutional financing and digital settlement into a single operating platform designed to improve financing efficiency, increase inventory liquidity and enhance transparency across the critical minerals supply chain.
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