Datavault AI removes CEO and president Nathaniel Bradley
Datavault AI Inc. (NASDAQ:DVLT) has announced the removal of its CEO and President, Nathaniel Bradley, from his executive roles, effective immediately as of November 1, 2026. This decision, approved by all board members except Bradley, who voted against it, was disclosed in a press release filed with the Securities and Exchange Commission.
Despite his removal, Bradley retains his position on the company's Board of Directors and will continue to serve until the next annual meeting. The company has not provided further details regarding the reasons for Bradley's termination or plans for succession. Meanwhile, Datavault AI reported a second-quarter revenue of $6.7 million, which fell short of the $45 million forecasted by analysts.
However, the company has maintained its full-year 2026 revenue target of $200 million, expressing optimism for a stronger performance in the second half of the year. The revenue shortfall has raised concerns among investors, who are closely monitoring the company's financial performance and project timelines.
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