Airship AI Announces Six-Figure Contract with Fortune 100 Transportation and E-Commerce Company to Expand Acropolis Enterprise Video and Data Management Platform

Extending existing implementation to support operational and physical security requirements for global operations

REDMOND, Wash., June 18, 2024 (GLOBE NEWSWIRE) — Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in video, sensor and data-based AI surveillance management solutions, has been awarded a major five (5) year system development contract for a Fortune 100 company using the company’s Acropolis Enterprise Video and Data Management platform, supporting operational and physical security requirements.

“This award represents a significant enhancement to the customer’s existing implementation of our Acropolis ecosystem, which is used to connect and manage global logistics operations from a single security operations center,” said Paul Allen, president of Airship AI. “The capabilities deployed as part of this expansion will enable the customer to better leverage the Airship platform to enhance physical security on a global scale and further improve operational performance and efficiency across key locations through our integration of edge data sensors used in everyday operations.”

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

“Because the client is also a Fortune 100 Most Innovative Company, we are pleased to support its vision and strategy to remain at the forefront of using technology to protect employees and assets, and improve operational efficiency.” Mr. Allen added. “Through this effort, which includes five (5) years of health monitoring, technical and engineering support, and software maintenance, we are poised to expand and strengthen this partnership through the continued implementation of new and innovative AI-based capabilities.”

To see how Airship AI and its suite of enterprise video and data management solutions can help your organization solve complex video and data management challenges, email [email protected].

About Airship AI Holdings, Inc.

Founded in 2006, Airship AI is an American technology company headquartered in Redmond, Washington. Airship AI is an AI-powered surveillance platform for video, sensor and data management that improves public safety and operational efficiency for public and commercial sector customers by providing predictive analysis of events before they occur and relevant information for decision-makers. The Airship AI product suite includes Outpost AI edge hardware and software, the Acropolis enterprise management software suite, and the Command family of visualization tools.

More information can be found at https://airship.ai.

Forward-looking statements

This disclosure includes certain statements that are not historical facts, but are forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically accompanied by words such as “believe, “may”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “should”, “would”, “plan”, “project”, “forecast”, “anticipate ”, “potential”, “appears”, “seek”, “future”, “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical fact, but the absence of these words does not means that the statement does not apply to the future. These forward-looking statements include, but are not limited to, (1) statements regarding estimates and forecasts of financial metrics, operating results and metrics, and forecasts of market opportunities; (2) changes in the market for Airship AI services and technologies, expansion plans and opportunities; (3) expected technological development of the AI airship; and (4) current and future potential business and customer relationships. These statements are based on various assumptions, whether or not stated in this press release, and the current expectations of Airship AI’s management and are not predictions of actual results. 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 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 those suggested by these forward-looking statements. Additionally, forward-looking statements reflect the Company’s expectations, plans or projections regarding future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its ratings to change. However, although it may elect to update these forward-looking statements at some time in the future, the Company expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing judgments of the Company as of any date subsequent to the date of this press release. Accordingly, you should not place undue reliance on forward-looking statements.

Investor contact:
Chris Tyson/Larry Holub
MZ North America
949-491-8235
[email protected]