Airship AI Announces $4.0 Million Contract Award within the Department of Homeland Security for Full Suite of Airship AI Software, Hardware and Integrated Technical Solutions
October 01 2024 - 7:31AM
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 $4.0 million
single year fixed firm price contract to an agency within the
Department of Homeland Security (DHS) for the Company’s Acropolis
Enterprise Sensor Management video and data management platform,
Outpost AI edge IoT appliances, and integrated solutions leveraging
Airship AI capabilities supporting emerging public safety and
investigative requirements.
“This award represents a continuation of our
support to the agency for a wide range of AI driven technical
surveillance requirements along the Northern and Southern Borders,”
said Paul Allen, President of Airship AI. “Due to the sheer
magnitude of the challenges facing the front line agents tasked
with securing the border to counter human trafficking and stem the
tide of fentanyl and other narcotics flowing into the United
States, technology-driven force multipliers are becoming more and
more critical. Innovation through the utilization of AI to support
data-driven operations is just one way that Airship AI is enabling
the agency to use technology to take agents out from behind
monitors and put them back into the field.”
Airship AI’s Acropolis backend enterprise
management system enables customers to manage devices and sensors
across their entire digital ecosystem from a single web-based
graphical user interface, creating significant cost savings for
agencies with sensors and devices from dozens of different
manufacturers. Airship AI’s approach to being sensor agnostic
allows our platform to be that middleware application which fuses
together data, and displays it in a simple and intuitive manner
enabling data consumers to respond quickly and efficiently.
“This award validates the critical nature of the
solutions that we are continuing to develop which turn dumb sensors
into smart sensors through the addition of our edge AI appliance,
allowing agencies to leverage existing sensors and platforms
already in use and avoid costly “rip and replace” strategies that
would otherwise be necessary,” added Mr. Allen. “Also included in
this award is our newly released Outpost AI appliance with a
built-in cellular modem which, when combined with our highly
efficient data encoding and encryption, is a game changer for
operational environments where communication and backhaul
challenges exist. This, combined with the extensions of support and
maintenance agreements for previously provided capabilities,
ensures seamless operations for the agency over the next year.”
Airship AI’s Outpost AI Edge Appliance
processes, analyzes, and encrypts data in real-time at the edge.
Utilizing custom trained models tailored for the wide range of
operational environments in which our customers operate, Airship AI
can identify user-defined objects of interest in real-time and then
control attached sensors to provide additional intelligence on the
objects of interest. Supported by integrations with leading mesh,
satellite, and other RF based backhaul solutions, Outpost AI
supports the larger sensor agnostic approach of Airship AI’s
Acropolis backend end platform.
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 its 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 HolubMZ
North America949-491-8235AISP@mzgroup.us
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