The shares of Airship AI Holdings, Inc. (NASDAQ: AISP) are experiencing a remarkable surge on the US market today, soaring by 84.85% to $3.05 during the current session. This upward momentum in Airship AI’s stock value coincides with a substantial contract acquisition.
Airship AI (AISP) has secured a substantial contract with an agency under the purview of the Department of Justice (DOJ) for the deployment of the Company’s Acropolis Enterprise Sensor Management platform. This platform is designed to cater to evolving public safety and investigative needs by efficiently managing video and data.
The contract award signifies an expansion of a pilot initiative initiated with the said agency in 2023, underscoring Airship AI’s capability to meet stringent operational and security standards. Notably, this project marks the second occasion where a U.S. Government agency has opted to deploy AISP’s Acropolis platform within a FedRAMP certified cloud environment.
FedRAMP certification ensures a standardized approach to security assessment, authorization, and continuous monitoring for cloud-based products and services across the government sector. Airship AI’s Acropolis backend enterprise management system empowers customers to oversee devices and sensors throughout their digital ecosystem, facilitating direct connectivity to the cloud or through Airship AI’s Outpost AI Edge Appliance.
Leveraging the NVIDIA Jetson platform, Outpost AI facilitates advanced analytic processing at the edge, coupled with efficient video and metadata encoding and encryption across various RF and network backhauls to the cloud. With a robust pipeline forecasted for 2024, Airship AI is actively engaged in spearheading digital transformation initiatives for video and sensor data management, spanning from edge to cloud environments across the U.S. Government and global governmental entities.
These endeavors aim to empower frontline operators and data consumers with cutting-edge AI-driven sensor management capabilities. Airship AI has also recently commenced the execution of multiple firm fixed-price contracts valued at over $10 million, in collaboration with the Department of Homeland Security.
These contracts are geared towards delivering integrated solutions to bolster real-time intelligence collection efforts along the borders of the United States. At the core of these agreements lies the utilization of Airship Industries’ state-of-the-art edge IoT appliance, Outpost AI.
