Datavault AI and Biochar Now offer insured carbon removal credits with patented technology

Datavault AI Inc. (Nasdaq: DVLT) has announced a strategic collaboration with Biochar Now to enhance the distribution of verified and insured carbon removal credits. This partnership will leverage Datavault's patented tokenization technology and global marketing capabilities to connect Biochar Now's carbon credits with a wider network of buyers, aiming to improve transparency and accountability in the carbon markets.

Under the agreement, Datavault AI will provide its carbon credit tokenization technology, protected by U.S. Patent No. 12,443,977, to support the global demand generation, marketing, and distribution of Biochar Now's carbon credits. The financial terms of this arrangement were not disclosed. Biochar Now will compensate Datavault AI for its technology and services.

The collaboration combines Biochar Now's expertise in physical carbon removal, third-party verification, and carbon-credit insurance with Datavault AI's tokenization technology and distribution capabilities. The goal is to make carbon removal credits more accessible while ensuring their authenticity and ownership are well-documented.

Biochar Now's credits are verified by third parties and tracked through its proprietary Insured Carbon system, which operates in lieu of a traditional registry. The credits are insured through a captive insurance company owned by Biochar Now, subject to specific policy terms.

Teri Gallo, Chief Operating Officer of Datavault, stated, "This partnership reflects our focus on transforming Datavault’s technology into commercial opportunities. We aim to expand our market reach and establish new revenue pathways." James Gaspard, Founder and CEO of Biochar Now, emphasized the need for real carbon removal and accountability, noting that the partnership will help build demand for their credits and set higher standards for carbon-credit quality.

The agreement also includes a framework for onboarding projects operated by Biochar Now's technology licensees, subject to verification and insurance requirements. Although no licensee projects have been accepted yet, discussions are ongoing.

Additionally, the partnership will allow Biochar Now's environmental and carbon-credit data to be available through Datavault AI's Information Data Exchange. This initiative aims to connect physical carbon removal with reliable information in carbon markets.

Gallo highlighted the innovative model Biochar Now has developed, combining physical carbon removal with verification and insurance. Datavault's role is to facilitate the distribution and marketing of these credits, enhancing transparency and protection against fraudulent claims.

The partnership addresses the dual needs of the carbon-credit market: documented carbon removal and infrastructure to connect credits with demand. By integrating physical carbon removal, insurance, digital traceability, and distribution, the companies aim to create new opportunities for Biochar Now and its partners, supporting greater accountability for purchasers.

Gaspard reiterated the partnership's objective to bring verified carbon removal to more buyers, supported by strong documentation and digital accountability. The collaboration is about building trust in the market and creating opportunities for technology licensees.

The parties are also exploring other strategic projects, including one in the western United States.

Founded in 2011 and based in Colorado, Biochar Now, LLC specializes in patented biochar production technology and carbon removal solutions. The company converts biomass into carbon-rich biochar for various applications and offers a carbon-credit program that includes physical removal, verification, and insurance.

Datavault AI Inc. specializes in verifying, valuing, and tokenizing data and real-world assets, bringing them to market through its exchanges. The company’s technologies are protected by a portfolio of patents available for licensing.