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Airship AI Announces $1.2 Million Contract Award with Fortune 100 Transportation & E-Commerce Company for Acropolis Enterprise Video and Data Management Platform

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Airship AI Holdings, Inc. (NASDAQ: AISP) has secured a $1.2 million contract with a Fortune 100 transportation and e-commerce company for support and maintenance of their Acropolis Enterprise Video and Data Management platform. The contract spans nine months and covers an existing globally deployed system supporting operational and physical security requirements.

The Acropolis platform enables customers to manage devices and sensors across their digital ecosystem, utilizing AI at the edge and backend to optimize efficiency and improve real-time decision-making. Airship AI's President, Paul Allen, emphasized the platform's significance in enhancing customer deployments and the company's comprehensive support services.

Airship AI's approach focuses on supporting customer workflows and maintaining relationships at the manufacturer level, contributing to their high customer retention rate in the 90th percentile.

Airship AI Holdings, Inc. (NASDAQ: AISP) ha ottenuto un contratto di 1,2 milioni di dollari con un'azienda di trasporti e e-commerce della Fortune 100 per il supporto e la manutenzione della loro piattaforma Acropolis Enterprise Video e Data Management. Il contratto ha una durata di nove mesi e copre un sistema già implementato a livello globale che supporta i requisiti di sicurezza operativa e fisica.

La piattaforma Acropolis consente ai clienti di gestire dispositivi e sensori all'interno del loro ecosistema digitale, utilizzando AI sia a livello edge che backend per ottimizzare l'efficienza e migliorare la presa di decisioni in tempo reale. Il presidente di Airship AI, Paul Allen, ha sottolineato l'importanza della piattaforma nel migliorare le implementazioni dei clienti e i servizi di supporto completi dell'azienda.

L'approccio di Airship AI si concentra sul supporto ai flussi di lavoro dei clienti e sul mantenimento delle relazioni a livello di produttore, contribuendo così al loro alto tasso di fidelizzazione della clientela, nella percentuale del 90%.

Airship AI Holdings, Inc. (NASDAQ: AISP) ha conseguido un contrato de 1.2 millones de dólares con una empresa de transporte y comercio electrónico de Fortune 100 para el soporte y mantenimiento de su plataforma Acropolis Enterprise Video y Data Management. El contrato tiene una duración de nueve meses y abarca un sistema ya implementado a nivel mundial que apoya los requisitos de seguridad operativa y física.

La plataforma Acropolis permite a los clientes gestionar dispositivos y sensores en su ecosistema digital, utilizando IA tanto en el borde como en el backend para optimizar la eficiencia y mejorar la toma de decisiones en tiempo real. Paul Allen, presidente de Airship AI, enfatizó la importancia de la plataforma en la mejora de las implementaciones de clientes y los servicios de soporte integral de la empresa.

El enfoque de Airship AI se centra en apoyar los flujos de trabajo de los clientes y mantener relaciones a nivel de fabricante, lo que contribuye a su alta tasa de retención de clientes, en el percentil 90.

Airship AI Holdings, Inc. (NASDAQ: AISP)는 Fortune 100 운송 및 전자상거래 회사와 120만 달러 계약을 체결했습니다. 이 계약은 9개월 동안 기존의 전 세계적으로 배포된 시스템의 지원 및 유지 관리를 포함합니다. 이 시스템은 운영 및 물리적 보안 요구 사항을 지원합니다.

Acropolis 플랫폼은 고객이 디지털 생태계 내에서 장치와 센서를 관리할 수 있게 하며, 효율성을 최적화하고 실시간 의사 결정을 개선하기 위해 엣지 및 백엔드에서 AI를 활용합니다. Airship AI의 사장인 Paul Allen은 플랫폼이 고객의 배치 현황을 향상시키고 회사의 포괄적인 지원 서비스의 중요성을 강조했습니다.

Airship AI의 접근 방식은 고객의 작업 흐름 지원과 제조업체 수준에서의 관계 유지를 중시하며, 이는 고객 유지율이 90 백분위수에 달하는 데 기여하고 있습니다.

Airship AI Holdings, Inc. (NASDAQ: AISP) a sécurisé un contrat de 1,2 million de dollars avec une entreprise de transport et de commerce électronique du Fortune 100 pour le support et la maintenance de leur plateforme Acropolis Enterprise Video et Data Management. Le contrat s'étend sur neuf mois et couvre un système déjà déployé à l'échelle mondiale pour répondre aux exigences de sécurité opérationnelle et physique.

La plateforme Acropolis permet aux clients de gérer des dispositifs et capteurs au sein de leur écosystème numérique, en utilisant l'IA à la fois en périphérie et en backend pour optimiser l'efficacité et améliorer la prise de décision en temps réel. Paul Allen, président d'Airship AI, a souligné l'importance de la plateforme pour améliorer les déploiements des clients et les services d'assistance complets de l'entreprise.

L'approche d'Airship AI se concentre sur le soutien aux flux de travail des clients et le maintien des relations au niveau des fabricants, ce qui contribue à son taux de fidélisation de la clientèle élevé, dans le 90e percentile.

Airship AI Holdings, Inc. (NASDAQ: AISP) hat einen Vertrag über 1,2 Millionen US-Dollar mit einem Fortune 100 Transport- und E-Commerce-Unternehmen für den Support und die Wartung ihrer Acropolis Enterprise Video und Datenmanagementplattform gesichert. Der Vertrag erstreckt sich über neun Monate und umfasst ein bereits weltweit implementiertes System, das die betrieblichen und physikalischen Sicherheitsanforderungen unterstützt.

Die Acropolis-Plattform ermöglicht es den Kunden, Geräte und Sensoren in ihrem digitalen Ökosystem zu verwalten, wobei Künstliche Intelligenz sowohl am Edge als auch im Backend genutzt wird, um die Effizienz zu optimieren und die Entscheidungsfindung in Echtzeit zu verbessern. Paul Allen, Präsident von Airship AI, betonte die Bedeutung der Plattform für die Verbesserung der Kundenimplementierungen und die umfassenden Unterstützungsdienste des Unternehmens.

Der Ansatz von Airship AI konzentriert sich darauf, die Arbeitsabläufe der Kunden zu unterstützen und die Beziehungen auf der Ebene der Hersteller zu pflegen, was zu einer hohen Kundenbindungsquote im 90. Perzentil beiträgt.

Positive
  • Secured a $1.2 million contract with a Fortune 100 company
  • Contract extends support for an existing global deployment
  • High customer retention rate in the 90th percentile
  • Platform enables AI utilization for improved efficiency and decision-making
Negative
  • None.

Insights

This $1.2 million contract award is a positive development for Airship AI, demonstrating the company's ability to retain and expand relationships with high-profile clients. The deal with a Fortune 100 transportation and e-commerce company for support and maintenance of their Acropolis platform highlights several key strengths:

  • Strong customer retention, with rates in the high 90th percentile
  • Recurring revenue stream from support and maintenance contracts
  • Validation of the Acropolis platform's value in managing global logistics operations
  • Potential for future upselling and expansion within the client's ecosystem

While the contract value is relatively modest compared to Airship AI's $57.6 million market cap, it represents a significant vote of confidence from a major player in the industry. The nine-month duration suggests potential for renewal and expansion, which could lead to more substantial long-term value. Investors should monitor Airship AI's ability to leverage this relationship for future growth and cross-selling opportunities within the Fortune 100 client base.

Airship AI's Acropolis platform showcases impressive technological capabilities that position the company well in the competitive AI-driven surveillance market:

  • Sensor-agnostic architecture allows for flexible integration with existing infrastructure
  • Edge-based AI capabilities (Outpost AI) enable real-time processing and decision-making
  • Cloud and on-premises deployment options cater to diverse client needs
  • Unified security operations center for managing global logistics operations

The platform's ability to add AI capabilities to existing edge sensors without requiring a complete system overhaul ("rip and replace") is a significant advantage, potentially lowering barriers to adoption for large enterprises. This technological edge, combined with the company's high customer retention rate, suggests a strong product-market fit and potential for sustained growth in the enterprise video and data management space.

Continuation of Support and Maintenance for Existing Deployment Supporting
Operational and Physical Security Requirements for Global Operations

REDMOND, Wash., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management surveillance solutions, has been awarded a contract worth $1.2 million with a Fortune 100 transportation and e-commerce company for the support and maintenance over the next nine months for an existing globally deployed Acropolis Enterprise Video and Data Management platform supporting the company’s operational and physical security requirements.

“This award underscores the significance of our platform in enhancing our customers' deployment of the Acropolis ecosystem, which enables them to federate and manage global logistics operations from a unified security operations center,” said Paul Allen, President of Airship AI. “Our support and maintenance agreements ensure that customers can connect with the Airship technical support team anytime, anywhere, receiving comprehensive electronic and telephonic assistance for our entire suite of products.”

Airship AI’s Acropolis backend enterprise management system enables customers to manage devices and sensors across their entire digital ecosystem via hardware deployed on-premises or in the cloud while utilizing Artificial Intelligence (AI) at the edge and/or the backend to optimize operational efficiency and improve real-time decision-making capabilities. Combining the sensor-agnostic nature of our Acropolis platform with our edge-based AI platform, Outpost AI customers can efficiently add “smarts” to existing edge sensors, avoiding costly and operationally disruptive “rip and replace” requirements.

“Migrating customers to Airship AI is just the beginning of our relationship. Once our platform is operational in their environment, we focus on supporting their workflows to enhance their operational effectiveness and efficiencies. This support includes new software releases, patches, and updates. Our comprehensive approach to building and maintaining relationships at the manufacturer level is a key factor in our impressive customer retention rate, which remains in the high 90th percentile,” concluded Mr. Allen.

To experience how Airship AI and its suite of enterprise video and data management solutions can help your organization solve your complex video and data management challenges, please email your request to info@airship.ai.

About Airship AI Holdings, Inc.

Founded in 2006, Airship AI is a U.S. owned and operated technology company headquartered in Redmond, Washington. Airship AI is an AI-driven video, sensor and data management surveillance platform that improves public safety and operational efficiency for public sector and commercial customers by providing predictive analysis of events before they occur and meaningful intelligence to decision makers. Airship AI’s product suite includes Outpost AI edge hardware and software offerings, Acropolis enterprise management software stack, and Command family of visualization tools.
For more information, visit https://airship.ai.

Forward-Looking Statements

The disclosure herein includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements include, but are not limited to, (1) statements regarding estimates and forecasts of financial, performance and operational metrics and projections of market opportunity; (2) changes in the market for Airship AI’s services and technology, expansion plans and opportunities; (3) the projected technological developments of Airship AI; and (4) current and future potential commercial and customer relationships. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Airship AI’s management and are not predictions of actual performance. These forward-looking statements are also subject to a number of risks and uncertainties, as set forth in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on April 1, 2024, and the other documents that the Company has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while it may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Investor Contact:
Chris Tyson/Larry Holub
MZ North America
949-491-8235
AISP@mzgroup.us


FAQ

What is the value of the contract Airship AI (AISP) secured with the Fortune 100 company?

Airship AI secured a $1.2 million contract with a Fortune 100 transportation and e-commerce company.

How long is the duration of the support and maintenance contract for Airship AI (AISP)?

The support and maintenance contract for Airship AI's Acropolis platform is for nine months.

What is Airship AI's (AISP) customer retention rate?

Airship AI reports a customer retention rate in the high 90th percentile.

What does Airship AI's (AISP) Acropolis platform enable customers to do?

The Acropolis platform enables customers to manage devices and sensors across their digital ecosystem, utilizing AI to optimize efficiency and improve real-time decision-making.

Airship AI Holdings, Inc.

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