Energy Vault Holdings, Inc. shares rise 10.64% intraday after Datavault AI Inc. announced a strategic partnership with Burke Products.

Tuesday, Jul 22, 2025 3:25 pm ET1min read
Energy Vault Holdings, Inc. rose 10.64% in intraday trading, with the company announcing a strategic partnership with Burke Products, a minority-owned Tier 1 supplier to Lockheed Martin, Raytheon Technologies, and the Department of Defense. This partnership is expected to deliver 2025 revenues from existing contracts of Burke's that have now been subcontracted to Datavault AI and is set to scale into productized offerings into 2026.

Energy Vault Holdings, Inc. shares rise 10.64% intraday after Datavault AI Inc. announced a strategic partnership with Burke Products.

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