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Airship AI Holdings, Inc. - $AISP STOCK NEWS

Welcome to our dedicated page for Airship AI Holdings news (Ticker: $AISP), a resource for investors and traders seeking the latest updates and insights on Airship AI Holdings stock.

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Rhea-AI Summary

Airship AI Holdings, a leader in AI-driven surveillance solutions, will ring the Nasdaq closing bell on May 15, 2024, to celebrate recent successes, including a growing backlog of $11.8 million and a pipeline of $140 million. The company aims for triple-digit revenue growth and positive cash flow in fiscal year 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.17%
Tags
AI
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Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) has secured a $2.35 million sole-source contract within the Department of Justice for its Outpost AI Edge Appliances. This contract follows a previous award for the Acropolis Enterprise Video and Data Management Platform. The Outpost AI appliance offers edge-based recording, analytics, encryption, and encoding of video, audio, and metadata for public safety and investigative requirements. The company expects increased pipeline activity and new opportunities following this contract.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
AI
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Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) reported FY 2023 revenue of $12.3 million, with a backlog of $11.8 million and a pipeline of $140 million driving triple-digit revenue growth and positive cash flow in FY 2024. The company completed a merger, began trading on Nasdaq under 'AISP', and secured contracts with government agencies, including the U.S. Department of Justice and Department of Homeland Security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.37%
Tags
Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) secures a significant software and services contract with the Singapore Government for its Acropolis Enterprise Sensor Management platform. The contract aims to enhance public safety and border security through advanced video and data management solutions. The partnership with Silvus Technologies and Miltrade Technologies Pte strengthens Airship AI's position in the Asia-Pacific region, showcasing its commitment to global security challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.26%
Tags
AI
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Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) will attend the 36th Annual ROTH Conference to discuss recent large contracts, awards, backlog, and expansion plans. President Paul Allen will conduct one-on-one meetings to showcase the Company's achievements and growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.52%
Tags
conferences AI
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Rhea-AI Summary
Airship AI Holdings, Inc. secures a significant contract with an agency within the Department of Justice for its Acropolis Enterprise Sensor Management platform, positioning the company for further government awards. The deployment of the Acropolis platform in a FedRAMP certified cloud environment marks a milestone for the company, showcasing its ability to meet stringent security and operational requirements. Airship AI's technology enables efficient video and sensor data management from the edge to the cloud, driving digital transformation for government agencies worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
200%
Tags
AI
Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) strategically positions the company for accelerated growth and revenue with a 2023 Nasdaq listing. The company's product launches have driven strong demand, reflected in a $10.9 million award from the Department of Homeland Security. A $11.8 million backlog plus a pipeline of $140 million are expected to drive triple-digit revenue growth and positive EBIDTA. The company aims to expand its footprint driven by demand from Fortune 500 customers, U.S. Federal Government, and Department of Defense Agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
Tags
AI
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Rhea-AI Summary
Airship AI Holdings, Inc. (NASDAQ: AISP) has secured multiple firm fixed price contracts worth $10.9 million from an agency within the Department of Homeland Security (DHS) for advanced integrated solutions supporting real-time intelligence collection operations along the United States’ borders. The contracts will utilize the company's edge IoT appliance, Outpost AI, to provide efficient edge analytic processing and secure data transmission. Airship AI's President, Paul Allen, emphasized the strategic vision of providing tailored solutions designed to meet evolving technical requirements for those on the nation's front lines. The global border security market size is projected to grow to $68.2 billion by 2030, creating opportunities for Airship AI's end-to-end AI-driven surveillance solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-34.51%
Tags
AI
Airship AI Holdings, Inc.

Nasdaq:AISP

AISP Rankings

AISP Stock Data

139.88M
8.75M
61.71%
1.53%
3.38%
Software - Infrastructure
Technology
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United States of America
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